ON > Stratford
Stratford, ON N5A 7K4,10 Downie Street
Stratford, ON N5A 7K4,10 Downie Street
Stratford, ON N5A 7K4,10 Downie Street
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Price Team

Price Team

+1(905) 308-8333
$4,955,000
Est. payment /mo
59,150 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 59,150 sqft

Price per Sqft $83

MLS Listing ID 40712319

Abv Grd Liv Area 59,150

Originating Board Waterloo Region

Annual Tax Amount $131,768

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Retail,Building and Land

Property Description

Exceptional investment opportunity in the heart of Downtown Stratford comprised of a prestigious 3-storey mixed-use commercial heritage building known as "Festival Square", offering 39,379 SF of leasable area (excluding the basement) and is situated at one of the City's busiest downtown intersections, ensuring high visibility and foot traffic. The property boasts a diverse mix of 11 existing tenants, occupying a significant portion of the above-grade space, providing positive in-place cash flow, while offering upside potential through the leasing of vacant units and the opportunity for residential conversion.

Location

Province ON

County Perth

Area Stratford

Zoning Central Commercial (C3)

Direction Downie Street/HWY 8

Rooms

Basement Full

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Street Lights, Phone Connected

Lot Frontage 109.0

Lot Depth 78.0

Garage No

Building

Lot Description Irregular Lot, City Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure

Faces Downie Street/HWY 8

Story 3

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 531170003

Ownership Freehold/None

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Listed by CBRE LIMITED

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Price Team

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+1(905) 308-8333

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10 Downie Street