230 Colborne St.

  • Status Sold
  • City Port Stanley
  • Property Type Commercial
  • Bedrooms 4
  • Bathrooms 4
Listing Price: $479,913
Property Details

Expired

NEW UPDATES:
New roof membrane installed
New outdoor stairs
Two new windows capped
Siding replaced
Upper apartment being cleared and staged for AirBnb!

Great location for a luxury residential unit with a commercial main and guest apartment above. This 3 unit property features a luxurious newer built 2 story back addition unit that has high-end finishes across both levels including features such as 12 foot ceilings, double walk-out decks, high-end designer kitchen, dining room, with a bathroom on each floor. Come vacation in Port Stanley in this luxury vacation get-away and bring your family to stay in the 1 bedroom guest unit above the store too. The front main is currently rented to an electric mobility tenant and is handicap accessible willing to stay. Potential in the basement for additional offices with a large egress window already installed. 7 Cap Rate with potential income when fully rented. The upper 1 bedroom unit is currently rented but willing to leave (family of the owner). 150 year old giant willow is a feature of the green space backyard which is treed in.
Directions:   South on Sunset towards Port Stanley, Street turns into Colborne as you enter the Village. Property is on the right just before the lights.
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