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227 Colborne Street
Port Stanley ON , N5L 1C2 , Canada
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Ryan Featherstone
Agent
Salesperson/REALTOR®
Phone: 519.633.0600
Cell: 519.608.9125
Home Fax:
519.631.9716

Royal LePage Triland Realty
Brokerage:
808 TALBOT STREET
St. Thomas, ON
N5P 1E2
Phone: 519.633.0600
Fax: 519.631.9716
/jumplisting/rlp/images/logo/rlp_logo_sm.gif

$1,300,000.00
MLS® 40554023
Commercial
Lot Frontage: 82.91 Feet
No. of Parking Spaces: 7
Total Bedrooms: 0
Zoning: B1
Remarks:
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.

Property Features:
  • Basement: Partial
  • Construction Materials: Shingle Siding , Vinyl Siding
  • Interior Features: High Speed Internet
  • Acres Range: < 0.5
  • Lot Features: Ample Parking , Business Centre , City Lot , High Traffic Area , Major Anchor , Marina , Schools
  • Parking Features: Asphalt
  • Road Frontage Type: Municipal Road , Public Road , Year Round Road
  • Road Surface Type: Paved
  • Security Features: Alarm System , Carbon Monoxide Detector(s) , Security System
  • Sewer: Sewer (Municipal)
  • Utilities: Electricity Connected , Natural Gas Connected , Recycling Pickup , Street Lights , Phone Connected
  • Water Source: Municipal

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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