227 Colborne Street Port Stanley, ON



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:4555)


Listing ID 40484985
Address 227 COLBORNE Street
City Port Stanley, ON
Price $1,450,000
Construction Shingles, Vinyl siding
Status For sale


Basement PartialParking 7Amenities Nearby Marina, SchoolsCommunications High Speed InternetCommunity Features High Traffic AreaFeatures Paved drivewayOwnership FreeholdSigns SignbandFire Protection Alarm system, Security systemFoundation BlockUtility Water Municipal water Date Listed 2023-09-16 20:02:15Days on Market 5Parking 7


Royal Lepage Triland Realty, Ryan Robert Featherstone


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