227 Colborne Street Port Stanley, Ontario N5L 1C2
$1,300,000
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. $85,800 gross rents with the tenants absorbing a large part of TMI. 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. (id:19173)
Business
| Name | APROPOS/ANGRY BEAR/SENOR BONES |
Property Details
| MLS® Number | 40554023 |
| Property Type | Office |
| Amenities Near By | Marina, Schools |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Features | Paved Driveway |
| Parking Space Total | 7 |
| Sign Type | Signband |
Building
| Basement Type | Partial |
| Exterior Finish | Vinyl Siding, Shingles |
| Fire Protection | Alarm System, Security System |
| Foundation Type | Block |
| Stories Total | 2 |
| Size Exterior | 4203.0000 |
| Size Interior | 4203 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Marina, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 83 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | B1 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26692169/227-colborne-street-port-stanley
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April 10 2024 02:42:47
London and St. Thomas Association of REALTORS®
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