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$850,000
Ontario,Central Elgin (Port Stanley)
For Sale Active
227 COLBORNE STREET, Central Elgin (Port Stanley), Ontario N5L1C2
  • 3
  • 4,203 Sqft
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12249455
  • Price: $850,000
  • Bathrooms: 3
  • Square Footage: 4,203 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE TRILAND REALTY
  • Property Sub Type: Retail
  • Office Key: 47293
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Central Elgin (Port Stanley), N5L1C2
  • Street: Colborne
  • Street Number: 227
  • Street Suffix: Street
  • Longitude: W82° 47' 16.6''
  • Latitude: N42° 39' 59.6''
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: Bldg=82.91 x 125 FT
Financial
  • Tax Annual Amount: 10854
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Listing updated: 2026-01-18 00:16:37
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Listing Information
  • List Agent Key: 2092969
  • List Office Key: 47293
  • Modification Timestamp: 2025-12-19T20:40:15Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-12-19T20:21:06Z
Powered by REALTOR.ca
Listing updated: 2026-01-18 00:16:37
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