227 Colborne St

Central Elgin | Port Stanley | N5L 1C2
  • 4203.0 sqft
  • 0 gar

Ask: $1,300,000 $1,200,000

Est. Mtg $4,069 /mo
  • Days on market

    94

  • Status

    A

Listing Broker ROYAL LEPAGE TRILAND REALTY
Since listed: 2 views

Home details

MLS #:

X8190932

Property type:
Commercial/Retail
Style:
Taxes:
$10,854
Possession:
FLEXIBLE
Condo Fee:
Lot Size:
82.91 X 125.0
Zoning:
B1
Use:
Retail Store Related
Heat:
Gas Forced Air Closd

Description


227 Colborne St, , Central Elgin, Ontario is a Commercial/Retail property in Central Elgin and in the Port Stanley community in the N5L 1C2 postal code


This is the opportunity of a lifetime to purchase a landmark building in an incredible downtown location in Port Stanley. The building is located at a stoplight location on a heavily trafficked county roadway. Expect plenty of walk-by traffic as well. 4 commercial units paying rent and a highly in-demand downtown residential apartment. Over 4000 square feet of rentable square footage. Rents are actualized and at market value. Net Rents approaching $85,000.There is also the opportunity to purchase the Apropos business as well as the building and land. The business is a high reputed, household name in Port Stanley that retails fine clothing and accessories. It comes with significant goodwill. There are plenty of allowable uses for the property under current zoning. Port Stanley is developing quickly ahead of the Volkswagen EV Gigafactory launch. This is a perfect place for a savvy investor to have their money go to work..

Extras

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Payment calculator

$4973 monthly. In association with: TD Bank
%
  • Principal and Interest
    4069 /mo
  • Property Taxes
    $904 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Hamid Shahsavar, Realtor

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