582 Johnston Avenue Port Elgin, Ontario N0H 2C1

$925,000

Unparalleled Opportunity in Port Elgin's Heart! Welcome to 582 Johnston Ave, a rare gem in the midst of this charming beach town. Imagine owning a property that offers the perfect blend of convenience, income potential, and only a few blocks to Lake Huron's edge. This unique property boasts four separate apartments, including a spacious 2bed/2bath unit and three cozy 1bed/1bath units, providing endless possibilities for investors, entrepreneurs, or those seeking a unique living arrangement. The property's CC (Core Commercial) zoning opens up a world of possibilities, from keeping it as a lucrative rental property to exploring alternative uses that capitalize on its prime location. Additional features include a large garage attached to a boathouse with an automatic garage door opener. Perfect for storing watercraft or equipment with a concrete floor. This space also offers the potential for office space and development ideas with minor renovations. Half of the property is still available to build additional apartments or office space as well. The dreamer's can dream with this space with perfect zoning to instill your next business venture. With its proximity to shopping, amenities, schools, Bruce Power, and the breathtaking shores of Lake Huron, this property is poised to deliver exceptional returns from summer rentals and long-term tenants. Don't miss this chance to own a piece of Port Elgin's heart. Call today to explore the endless possibilities of 582 Johnston Ave! Owned since 1998. (id:48745)

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https://www.realtor.ca/real-estate/26917862/582-johnston-avenue-port-elgin