44251 TALBOT Line, Central Elgin | Image 1

44251 TALBOT Line

Central Elgin, Rural Central Elgin

  • Commercial

$X,XXX,XXX
For Sale

Added 6 months ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: Open Space 1 (OS

  • Age: No Data

  • Taxes: 6013.59

  • MLS®#: X8283994

  • Days on Site: 202 Days

  • Added: Apr 28, 2024 (6 months ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: CANADIAN COMMERCIAL REALTY INC

Prime Real Estate Brokerage is pleased to present an incredible opportunity in the St. Thomas industrial node, near the VW-backed PowerCo SE battery plant. The property consists of 9.7 acres and is located directly on Highway 3 (Talbot Line). The Municipality of Central Elgin has recently adopted a new Official Plan and is in the final stages of implementing a new Zoning By-law. The municipality has confirmed that this property will have commercial/industrial zoning. This presents a unique opportunity to acquire a prime parcel in what will become one of the most active development corridors in the region. The property is currently improved with a large 4 bedroom and 2.5 bath home, two barns, a garage and a roughly 1,000 SF commercial building offering rental income as the property is redeveloped. Take advantage of this opportunity to acquire a premium site in the heart of Southwestern Ontario's commercial/industrial boom.

Property

  • Status: Sale

  • Property Type: Land

  • Area: Central Elgin

  • Community: Rural Central Elgin

  • Availability Date: Flexible

  • Assessment Amount: $356,000

  • Assessment Year: 2023

Building

  • Basement: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART OF LOT 14 CON 8 YARMOUTH DESIGNATED AS PART 1, 11R-3254, PA

  • Taxes: $6,014

Land

  • Cross Street: Yarmouth Centre Road

  • Municipality District: Central Elgin

  • Parcel Number: 352670185

  • Sewer: Septic

  • Lot Depth: 501.35 Feet

  • Lot Frontage: 774 Feet

  • Zoning: Open Space 1 (OS

Commercial Specific

  • Total Area: 21

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

JK-8

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Elementary: Public
3.46 km
JK-8

Elgin Court Public School

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4.37 km
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Forest Park Public School

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St. Anne's Separate School

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K-8

Pierre Elliott Trudeau French Immersion Public School

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Mitchell Hepburn Public School

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9-12

Arthur Voaden Secondary School

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Central Elgin Collegiate Institute

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Parkside Collegiate Institute

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East Elgin Secondary School

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