218 Joseph St, Port Stanley, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).

$1,900,000

041

MLS® X12794042

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $7,842

Days Active 2

Approx. Age

MLS® Number X12794042

Property Address: 218 Joseph St, Port Stanley, ON, N5L1C4

Average square foot calculated using Size range provided by listing agent.

Description

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 investment 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.

MLS® NumberX12794042

Locker

Ensuite LaundryNo

Balcony

Furnished

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Exposure

Exterior

GarageNo

Approx. Age

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 17, 2026List Date

$1,900,000List Price

Commute

Commute

Starting Address

Destination Address

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For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.