RARE MULTI-RESIDENTIAL INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY IN PORT ELGIN! Just steps from the beautiful Main Beach in Port Elgin, 200 Elgin Street offers an exceptional opportunity featuring a spacious 4-bedroom, 2-bathroom main residence with attached 2 garage, five additional residential dwellings(4 leased long term, 1 vacant currently,, six civic addresses and a vacant former building site with reported servicing. Occupying approximately three-quarters of the block, this substantial property measures approximately 198.25 ft x 128.23 ft and offers parking for approximately 10 vehicles. Recent improvements include updated roofing, siding, plumbing and various upgrades throughout the residences. Whether you're seeking a multi-residential investment, accommodations for extended family or a substantial landholding with potential for future development, this unique property offers incredible versatility. Ideally situated close to Port Elgin's sandy beaches, shopping, restaurants and amenities. Future construction, redevelopment or severance is subject to municipal approvals and buyer due diligence. Flexible closing available! An outstanding opportunity to invest in one of Lake Huron's most desirable communities. Bring your vision and explore the possibilities! (id:24093)