388 Downie ST new

Stratford,ON N5A 1X6

$ 2000000

- Bed

- Bath

7000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $285

Subdivision Stratford

MLS Listing ID X11953428

Annual Tax Amount $5,655

Tax Year 2024

Property Description

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.

Location

Province ON

County Perth

Community Stratford

Area Perth

Interior

Cooling Partial

Exterior

Community Features Recreation/Community Centre

Utilities Available Yes

Lot Frontage 102.38

Lot Depth 109.01

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