227 Colborne St - Office FOR SALE


Port Stanle, ON N5L 1C2
$1,200,000 CAD
519-608-9125
227 Colborne St, Port Stanle, ON for Sale
$1,200,000 CAD
Office - FOR SALE
1/54
null | 6% Cap Rate

227 Colborne St
Port Stanle, ON N5L 1C2


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,200,000 CAD

PRICE/SF

$286 CAD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan FeatherstoneRoyal LePage Triland RealtyMore Info
519-608-9125

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Ryan FeatherstoneRoyal LePage Triland RealtyMore Info
519-608-9125

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.