Yuvraj Sharma
Realtor
C 21 Realty Centre, Brokerage
Independently owned and operated.
8550 Airport Road, Brampton, Ontario L6T5A3
Cell: 647-961-7334Office: 905-783-1000
$1,200,000
Available - For Sale
Listing ID: X8190932
227 Colborne Stre , Central Elgin, N5L 1C2, Elgin
| 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. |
| Price | $1,200,000 |
| Taxes: | $10854.00 |
| Tax Type: | Annual |
| Occupancy by: | Owner+T |
| Address: | 227 Colborne Stre , Central Elgin, N5L 1C2, Elgin |
| Postal Code: | N5L 1C2 |
| Province/State: | Elgin |
| Legal Description: | LT 4 & PT LT 3 E/S COLBORN ST PL 49 PORT |
| Directions/Cross Streets: | BRIDGE/JOSEPH |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 4203.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 640 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Employees #: | 2 |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE TRILAND REALTY |
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Yuvraj Sharma
Realtor
Dir:
647-961-7334
Bus:
905-783-1000
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Elgin |
| Municipality: | Central Elgin |
| Neighbourhood: | Port Stanley |
| Tax: | $10,854 |
| Baths: | 3 |
| Fireplace: | N |
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