44251 TALBOT Line Active

Central Elgin,ON N5P 3S7

$ 2945000

- Bed

- Bath

21 SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 21 sqft

Price per Sqft $140,238

MLS Listing ID X8283994

Annual Tax Amount $6,013

Tax Year 2023

Lot Size 5.000 Acres

Property Description

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.

Location

Province ON

County Elgin

Zoning Open Space 1 (OS1-115)

Rooms

Family Room No

Kitchen 0

Interior

Cooling Unknown

Exterior

Pool None

Utilities Available Unknown

Roof Type Unknown

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