A Full Town Block For Sale or Lease. Prime location for future Development opportunities. Located 2 blocks from the thriving downtown core of Port Elgin. Offering 2.13 Acres of land fronting on 4 streets (Wellington St., Elgin St., Hilker St., Market St.) The current Industrial building is constructed out of steel beams and concrete with 15’ ceilings and loading dock area. The possibilities are endless! Use the current space As Is, retrofit to taste or develop. With a large demand for rental properties & high rental prices for both residential and businesses this property would be idea to build multifamily apartments complemented with office / retail space. However, it could also be ideal for future development into Condo, freehold townhomes ect. Saugeen Shore is the ideal community to invest in. With a thriving and growing community along the shores of Lake Huron. Saugeen Shores saw its population rise at the fastest rate up 16% from 2016 - 2021 to 15,908 residents. We look forward to meeting you and exploring the possibilities this land has to offer. (id:4069)
Address
736 WELLINGTON Street
List Price
$4,850,000
Property Type
Other
Area
Ontario
Sub-Area
Port Elgin
Lot Size
2.13 Sq. Ft.
Year Built
1970
MLS® Number
40280578
Listing Brokerage
ROYAL LEPAGE EXCHANGE REALTY CO. Brokerage (KIN)
| ROYAL LEPAGE EXCHANGE REALTY CO.(P.E.),BROKERAGE
