$424,900
Last price change 6 hours ago
156 Borden Avenue, Central Elgin, ON N0L 1B0
Property Description
Property type
Land
Lot size
N/A
Style
Approx. Area
8654 Sqft
About 156 Borden Avenue
Prime Commercial Investment Opportunity - High Visibility Location. Unlock the potential of this uniquely positioned commercial property in a rapidly developing corridor. Zoned Hamlet Commercial with strong potential to upgrade to Highway Commercial - the Town has expressed openness to this transition. Located directly across from a newer Tim Hortons and Esso gas station, this high-traffic site is ideal for a wide range of commercial uses. Just minutes from Highway 401 and the City of London, the property offers excellent accessibility and exposure for businesses.The Town Planner has indicated support for mixed-use development, including commercial units on the ground level with residential units above (see illustrative concept drawing for inspiration).Currently on the property is a 785 sq/ft 3-bedroom bungalow, rented and generating income, offering holding potential while development plans are finalized.Property is being sold as-is. A rare opportunity for savvy investors or developers looking to capitalize on location, zoning flexibility, and growth potential.
Home Overview
Last updated
6 hours ago
Virtual tour
None
Basement information
Building size
8654
Status
In-Active
Property sub type
Land
Maintenance fee
$N/A
Year built
2024
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Borden Avenue

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