Located in popular theatre country - Stratford with over 1MM visitor per year. This is a corner site with two at grade retail spaces and vacant spaces above. The property dates from the mid 1800's as was known as the Avon Hotel. One retail space is occupied (local popular bakery) and the rest of the building is vacant. It is a part three and one storey structure of frame construction. The Sellers have applied to convert the entire building into a mixed use investment with retail and grade and 10 studio rental apartments above. The Sellers are close to obtaining these municipal entitlements. |
Extras: The property is being sold as is and where is with Buyers completing the process and the development. |
Price | $2,000,000 |
Taxes: | $5655.00 |
Tax Type: | Annual |
Occupancy by: | Partial |
Address: | 388 Downie St , Stratford, N5A 1X6, Ontario |
Postal Code: | N5A 1X6 |
Province/State: | Ontario |
Lot Size: | 102.38 x 109.01 (Feet) |
Directions/Cross Streets: | Downie and Kent |
Category: | Apartment |
Building Percentage: | Y |
Total Area: | 7000.00 |
Total Area Code: | Sq Ft Divisible |
Area Influences: | Rec Centre |
Financial Statement: | N |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | Part |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COMMERCIAL FOCUS REALTY INC. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Perth |
Municipality: | Stratford |
Neighbourhood: | Stratford |
Lot Size: | 102.38 x 109.01(Feet) |
Tax: | $5,655 |