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$ 2,945,000
Est. payment | /mo
$ 2,945,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Rural Central Elgin
MLS Listing ID X13043514
Annual Tax Amount $5,993
Tax Year 2025
Property Sub-Type Land
Property Description
A prime future development opportunity in St. Thomas. This 9.7-acre site offers exceptional potential for a range of commercial and light industrial uses, well positioned to benefit from the region's accelerating growth. The property is strategically located along Highway 3 and in close proximity to the Volkswagen PowerCo St. Thomas Gigafactory, providing excellent access and exposure within a rapidly expanding employment corridor. There is considerable interest and activity in lands surrounding St. Thomas, driven by ongoing population growth and significant economic investment in the region, supporting future demand for commercial services and light industrial space. The property is situated within an area currently under review as part of the Municipality of Central Elgin's "Rethink Zoning" initiative, through which broader commercial and light industrial permissions are expected to be introduced. Whether for future warehousing, service commercial, contractor yards, self-storage, or flex industrial development, this site represents a compelling opportunity to position ahead of growth in one of Ontario's fastest-developing regions.
Location
Province ON
County Elgin
Area Elgin
Zoning Open Space 1 (OS1-115)
Exterior
Utilities Available Yes
Lot Frontage 774.0
Lot Depth 501.0
Others
ParcelsYN No
Listed by CANADIAN COMMERCIAL REALTY INC
Nearby Locations
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