Colborne / Ashfield-Colborne-Wawanosh, ON N7A 3X9
An incredible investment/commercial opportunity exists on a large parcel of land along highly travelled Highway 21, just north of Goderich! This unique property offers excellent exposure, flexible AG4-6 zoning closest to the highway, and a wide range of potential uses including retail, self-storage, office space, hobby farm, pasture use, and/or residential opportunities such as a four-plex dwelling. Site plans for a self-storage business and rebuild were previously approved (attached), with by-law amendments allowing for both commercial and residential development. Ideally positioned near Lake Huron cottage country, Point Farms Provincial Park, Goderich, Kincardine, and Port Elgin, this location provides strong accessibility and long term opportunity. The property includes existing structures that can be renovated or repurposed, including a 1,000 sq. ft. retail area, a spacious home or office area with a 1,200 sq. ft. basement, a separate 780 sq. ft. apartment, and a detached 840 sq. ft. garage/shop with a metal roof. With an abundance of parking capacity and room for further development, this property offers a strong foundation for a new business, expansion, investment project, or mixed-use concept. Bring your vision to life along the beautiful Lake Huron shoreline, where exposure, flexibility, and future potential come together in one rare offering. NOTE: Property is being sold "as is, where is". Phase 2 Environmental Study is available.
TRREB MLS® Attribution
MLS® X13426584
Listed by SUTTON GROUP - SELECT REALTY
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,878
/month · $799,200 mortgage
Amortization
Total Interest
$664,275
Total Cost
$1,463,475
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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SUTTON GROUP - SELECT REALTY