snow covered building with view of commercial area More Photos

×

    For Sale - 218 Joseph Street, Central Elgin, Ontario

    Est payment $9,124/mo
    Get pre-qualified
    Views   2
    Time on Jump  43 day

    AI Summary *

    • Unique landmark property with a modern commercial marketplace and residential apartment.
    • Main floor is fully leased, ensuring steady income from vendor stalls.
    • Spacious two-bedroom apartment features modern finishes and a private outdoor terrace.
    • Extensive recent renovations provide a near-new condition asset with upgraded systems.
    • Prime location in the downtown core with excellent foot and vehicle traffic.




    Rare opportunity to acquire a landmark, income-producing property in the heart of port stanley's downtown core. The former port stanley fire hall has been extensively redeveloped into a modern commercial marketplace with an executive residential apartment above, creating a unique and diversified investment asset. The building comprises approximately 4,548 sq. Ft., including 3,019 sq. Ft. Of main-floor commercial space and a 1,529 sq. Ft. Two-bedroom residential apartment on the second level. Originally constructed in 1974, the property has undergone over $1,000,000 in recent capital improvements, effectively replacing all major building components and delivering a near-new condition asset. The main floor is 100% leased as a curated marketplace, featuring a central corridor layout with multiple vendor stalls, excellent pedestrian flow, providing walk-up access, and upgraded common areas including men's and women's washrooms. The space has been thoughtfully designed to support long-term tenancy, flexibility, and strong foot traffic. The upper-level apartment offers two bedrooms, two bathrooms, an open-concept kitchen with island, quality appliances, living area, private entrance, gas fireplace and a private outdoor terrace with gas bbq. Finishes are modern and professional, suitable for executive or long-term rental occupancy. Mechanical and electrical upgrades include 400-amp service, multiple hydro meters, generator, new hvac systems, new roof, new plumbing, accessibility improvements, and new stormwater pipe. The property is zoned b1 (business zone) and benefits from exceptional exposure to both pedestrian and vehicular traffic in port stanley's central business district. This is a stabilized, income-generating investment with additional upside through tenant turnover, rental optimization, and long-term appreciation in one of southwestern ontario's most sought-after waterfront communities. Financial information available upon execution of a confidentiality agreement.
    Listing IDX12794042
    Address218 Joseph Street
    CityCentral Elgin, Ontario
    Price$1,900,000
    Bath4 Full
    StyleCommercial Retail
    Land Size0.108
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Other

    ASAP

    Fri

    3

    Apr

    Sat

    4

    Apr

    Sun

    5

    Apr

    Mon

    6

    Apr

    Tue

    7

    Apr

    Wed

    8

    Apr

    Thu

    9

    Apr

    Fri

    10

    Apr

    Sat

    11

    Apr

    Sun

    12

    Apr

    Mon

    13

    Apr

    Tue

    14

    Apr

    Wed

    15

    Apr

    Thu

    16

    Apr

    Fri

    17

    Apr

    Sat

    18

    Apr

    Sun

    19

    Apr

    Mon

    20

    Apr

    Tue

    21

    Apr

    Wed

    22

    Apr

    Thu

    23

    Apr

    Fri

    24

    Apr

    Sat

    25

    Apr

    Sun

    26

    Apr

    Mon

    27

    Apr

    Tue

    28

    Apr

    Wed

    29

    Apr

    Thu

    30

    Apr

    Fri

    1

    May

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  THRIVE REALTY GROUP INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    55163 Concession Road 12 N/…
    Chatsworth, Ontario.
    3 Beds | 1 Baths
    $879,000
    8 Sandpiper Court
    Saugeen Shores, Ontario.
    7 Beds | 4 Baths
    $1,050,000
    984 Nadalin Heights
    Milton, Ontario.
    2 Beds | 3 Baths
    $759,900
    46 Dufour Street
    Champlain, Ontario.
    2 Beds | 1 Baths
    $465,000
    1762 Meadowview Avenue
    Pickering, Ontario.
    4 Beds | 3 Baths
    $798,000
    1040 Beaver Valley Crescent
    Oshawa, Ontario.
    5 Beds | 3 Baths
    $1,079,000
    27 Shippigan Crescent
    Toronto, Ontario.
    3 Beds | 2 Baths
    $1,390,000
    2190 Donald Cousens Parkway
    Markham, Ontario.
    3 Beds | 3 Baths
    $977,888
    19 Margaret Street
    Grey Highlands, Ontario.
    3 Beds | 1 Baths
    $425,000
    Loading...
    218 Joseph Street
    Central Elgin , Ontario
    4 $1,900,000
    Get more info