$750,000
FOR SALE

Commercial/Retail

Lot: 82.91 x 125 ft
2025 Taxes: $10,854

227 Colborne St
Central Elgin, ON N5L 1C2 | Port Stanley | Elgin

This is a rare opportunity to acquire a landmark mixed-use investment property spanning two adjoining downtown storefront buildings in one of Port Stanley's most visible and heavily trafficked commercial corridors. Connected internally by a small bridge but presenting as two distinct street-facing buildings, the property offers exceptional frontage, strong signage exposure, and long-term leasing flexibility at a signalized intersection along a high-traffic county roadway with consistent pedestrian activity.The property includes multiple commercial units plus a highly sought-after downtown residential apartment, totaling over 4,000 square feet of rentable area. The building is currently transitioning through an anchor tenant changeover, creating a unique opportunity for an incoming owner to secure a new flagship commercial tenant or reconfigure the space to maximize future rental income. Downtown Port Stanley continues to experience strong demand for well-located commercial space driven by tourism, population growth, and expanding regional employment opportunities.There is also an optional opportunity to acquire the established Apropos retail business alongside the real estate. Apropos is a recognized Port Stanley boutique brand with longstanding community presence, strong repeat clientele, and significant transferable goodwill.Flexible permitted uses under current zoning provide multiple pathways for future repositioning or value-add strategies. With continued regional economic expansion anticipated alongside the Volkswagen EV Gigafactory development, Port Stanley is positioned for sustained commercial and residential demand growth.Opportunities to control this level of downtown frontage, scale, and visibility are limited, making this an ideal acquisition for investors or owner-operators seeking long-term upside in one of Southwestern Ontario's most desirable lakefront markets.
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Listed By ROYAL LEPAGE TRILAND REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12989366
Last Updated Apr 13, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
PIN 352550264
Legal Description LT 4 & PT LT 3 E/S COLBORN ST PL 49 PORT STANLEY D
Possession Date IMMEDIATE
Taxes (2025) $10,854
Directions/Cross Streets BRIDGE/JOSEPH
Neighbourhood Port Stanley
Area Elgin
Price History

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Detailed Information
Freestanding Y
Bathrooms 3
Lot 82.91 x 125 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Parking Spaces 6
Heat Type Gas Forced Air Closed

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