Prime Real Estate Brokerage is pleased to present an incredible opportunity in the St. Thomas industrial node, near the VW-backed PowerCo SE battery plant. The property consists of 9.7 acres and is located directly on Highway 3 (Talbot Line). The Municipality of Central Elgin has recently adopted a new Official Plan and is in the final stages of implementing a new Zoning By-law. The municipality has confirmed that this property will have commercial/industrial zoning. This presents a unique opportunity to acquire a prime parcel in what will become one of the most active development corridors in the region. The property is currently improved with a large 4 bedroom and 2.5 bath home, two barns, a garage and a roughly 1,000 SF commercial building offering rental income as the property is redeveloped. Take advantage of this opportunity to acquire a premium site in the heart of Southwestern Ontario's commercial/industrial boom. (id:47421)
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Detailed Information
Lot
774 x 0 ft
Amenities Nearby
Airport
Community Features
High Traffic Area, Industrial Park
Features
Visual exposure, Industrial mall/subdivision
Listing Contract Date
2024-04-29
Location Description
The property is on the south side of Talbot Line next to Family Flowers.
Ownership Type
Freehold
Property Type
Vacant Land
Structures
Barn
Transaction Type
For sale
Zoning Description
Open Space 1 (OS1-115)
Building
Basement Type
None
Utility Water
Municipal water, Well
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
9.659 acres
Access Type
Road access, Highway access
Acreage
Yes
Amenities
Airport
Fence Type
Partially fenced
Sewer
Septic System
Size of Irregular Land
9.659
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