Rare opportunity to acquire a landmark, income-producing property in the heart of Port Stanley's downtown core. The former Port Stanley Fire Hall has been extensively redeveloped into a modern commercial marketplace with an executive residential apartment above, creating a unique and diversified inv...estment asset.The building comprises approximately 4,548 sq. ft., including 3,019 sq. ft. of main-floor commercial space and a 1,529 sq. ft. two-bedroom residential apartment on the second level. Originally constructed in 1974, the property has undergone over $1,000,000 in recent capital improvements, effectively replacing all major building components and delivering a near-new condition asset.The main floor is 100% leased as a curated marketplace, featuring a central corridor layout with multiple vendor stalls, excellent pedestrian flow, providing walk-up access, and upgraded common areas including men's and women's washrooms. The space has been thoughtfully designed to support long-term tenancy, flexibility, and strong foot traffic.The upper-level apartment offers two bedrooms, two bathrooms, an open-concept kitchen with island, quality appliances, living area, private entrance, gas fireplace and a private outdoor terrace with gas BBQ. Finishes are modern and professional, suitable for executive or long-term rental occupancy. Mechanical and electrical upgrades include 400-amp service, multiple hydro meters, generator, new HVAC systems, new roof, new plumbing, accessibility improvements, and new stormwater pipe. The property is zoned B1 (Business Zone) and benefits from exceptional exposure to both pedestrian and vehicular traffic in Port Stanley's central business district.This is a stabilized, income-generating investment with additional upside through tenant turnover, rental optimization, and long-term appreciation in one of Southwestern Ontario's most sought-after waterfront communities. Financial information available upon execution of a confidentiality agreement.
Full Property Details
General
Business Type
Retail Store Related
Retail Area
3019.00 Sq Ft
Office Area
1529.00 Sq Ft
Total Area
4548.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Retail Store Related
Retail Area
3019.00 Sq Ft
Office Area
1529.00 Sq Ft
Total Area
4548.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
4
Heating Fuel
Other
Air Conditioning
Yes
Washrooms
4
Heating Fuel
Other
Air Conditioning
Yes
Exterior
Depth
132.0
Front
35.75
Lot Size
36 x 132.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
BUSINESS ZONE 1 (B1) / MIXED USE COMMERCIAL/RES
Depth
132.0
Front
35.75
Lot Size
36 x 132.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
BUSINESS ZONE 1 (B1) / MIXED USE COMMERCIAL/RES
Building Description
Home Type
Commercial
Subtype
Commercial/Retail
Year Built
51-99
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Commercial/Retail
Year Built
51-99
Water Supply
Municipal
Possession Date
No Data
Community
Community
Port Stanley
Community
Port Stanley
Taxes & Fees
Taxes
$7,842.30 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$7,842.30 /yr
Tax Year
2025
Occupancy
Tenant
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