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$ 1,500,000
Est. payment /mo
Active
3143 Colin ST Elgin, ON N5H 2R2
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Port Bruce
MLS Listing ID X12460627
Annual Tax Amount $3,738
Tax Year 2024
Property Sub-Type Investment
Property Description
Turnkey Investment Opportunity in the Heart of Port Bruce Prime Lakefront Location nesttled on the picturesque shores of Lake Erie, this exceptional investment property in the charming beach town of Port Bruce offers a rare combination of immediate income and long-term development potential. Property Highlights: Thriving Take-Out Food Stand, Currently leased and operating as a popular taco stand, this turnkey business adds a steady revenue stream right on-site. Two Detached, Year-Round Cottages, Fully equipped and consistently rented, with confirmed bookings extending into summer 2026, offering reliable and ongoing income from day one. Vacant Lot with Development Potential. Situated behind the cottages, this parcel still features the original cottage footprint, allowing for streamlined rebuild or redevelopment.The current owner has already secured municipal approval to expand the existing buildings up to three storeys, significantly increasing potential revenue for the savvy investor. Whether you're looking to expand short-term rental offerings, create a boutique resort experience, or hold a high-performing income property in a sought-after lakeside destination, the possibilities are wide open.Located just steps from the beach, local marina, and nature trails, this property places guests in the heart of Port Bruce's laid-back coastal lifestyle making it a magnet for tourists and vacationers alike. Don't miss this rare chance to own a piece of Port Bruce's waterfront charm with immediate cash flow and room to grow.
Location
Province ON
County Elgin
Community Port Bruce
Area Elgin
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 105.6
Lot Depth 67.2
Building
Building Age 100+
Others
ParcelsYN No
Listed by RE/MAX CENTRE CITY REALTY INC.