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227 COLBORNE STREET, Central Elgin (Port Stanley), Ontario, N5L 1C2

MLS® # X8190932
Commercial For Sale In Central Elgin (Port Stanley), Ontario
$1,200,000
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
227 Colborne Street, Central Elgin (Port Stanley), ON
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MULTIMEDIA

ACTIVE
227 COLBORNE STREET, Central Elgin (Port Stanley), Ontario, N5L 1C2
$1,200,000

Property Information:

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:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 3
  • Irregular: Yes
  • Lot Depth: 125.0 Feet
  • Lot Frontage: 82.8 Feet
  • Lot Size: Bldg=82.91 x 125 FT
  • Zoning: B1
  • No. of Parking Spaces: 6

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Sales/Price History

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Location of 227 COLBORNE STREET, Central Elgin (Port Stanley), Ontario, N5L 1C2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

38 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate-High

38 hot days expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 227 COLBORNE STREET , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 38 hot days at 33.7 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.7℃

# Hot Days Per Year

Past
7
2050
38

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

61/100

Moderate-High

ClimateCheck®

Current data

This property, 227 COLBORNE STREET , experiences 11 significant 2-day storms per year, with about 325.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 399.4mm of precipitation per year.

Precipitation Per Storm

Past
325.1mm
2050
399.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 227 COLBORNE STREET, Central Elgin (Port Stanley), Ontario, N5L 1C2

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$111,973.40

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.5 %

High school certificate or equivalent

34.07 %

Apprenticeship trade certificate/diploma

3.17 %

College/non-university certificate

33.19 %

University certificate (below bachelor)

4.69 %

University Degree

12.38 %

Commuter

Travel To Work

By Car

89.16 %

By Public Transit

0.0 %

By Walking

7.91 %

By Bicycle

0.0 %

By Other Methods

2.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.13 %

Houses

94.87 %

Own Vs. Rent