290 Colborne Street, Central Elgin - Port Stanley

Amazing owner occupier or investment opportunity to own a Marina on Main Street in Port Stanley with 24 boats docks and an apartment on the harbour. This investment bring is a gross income of $86,280 per year with a long term tenant in place on the main floor, a office tenant in the lower level and yearly income from the 24 Boat Slips. Each boat slip is 30 Feet in Length that include Hydro and Water Hookups, Bathrooms and Shower access and Picnic Tables and Accessible Sitting Area. Asking $1,200,000 - 6.23% CAP RATE on Net income