$1,400,000

Commercial For Sale In Stratford, Ontario

$1,400,000

Property Information:

Excellent investment opportunity in downtown Stratford! Fully leased, and completely renovated 5 unit multiplex across from Avon Theatre close to major amenities including public transit. Formerly a restaurant, in 2015-16 this building was converted into a 3 units res; 2 unit comm building. Low maintenance and requires no capital improvements. High end finishes throughout entire building including 'hardie' board on back exterior, flooring and fixtures inside. 3 upscale apartments with s/s fridge, stove, dishwasher, individual furnaces & central a/c, on demand water heaters. Coin laundry room. 2 excellent commercial tenants have access to 2 shared public bathrooms. Front and rear entrances/exits. Everything up to code. 6% cap. Viewings will only be considered after acceptable offer. Please do not approach tenants or enter building. Seller would consider a share sale/selling the corporation that owns the building which could be advantageous to buyer and seller. Confidentiality Agreement required for additional info. (id:7525)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Property Features:

  • Property Type: Retail
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Frontage: 38.0 Feet
  • Lot Size: 38 FT ; Irregular
  • Zoning: C3
  • Sewer: Sanitary sewer

Courtesy of: Royal LePage Heartland Realty

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