$999,000
Ashfield-Colborne-Wawanosh
82522 Bluewater Highway, Ashfield-Colborne-Wawanosh (Colborne), Ontario, N7A3X9
This multi-family property in Ashfield-Colborne-Wawanosh is for sale offering roughly 4,000 sq ft of space.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 147 days on market, against an average age of 111 days across the listings currently for sale in this city
This multi-family in Ashfield-Colborne-Wawanosh (Colborne) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $999,000, about 13.5× the local median household income of $74,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 164% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7A)
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