| Message Number | 431292 | ||||||||
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| status | Active | ||||||||
| Subject Line | Stratford, ON (1 Hour from London) Fully leased and completely renovated 5 unit Commercial multiplex FOR SALE $1,400,000 Downtown busy area. | ||||||||
| Business area |
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| Location, City | Stratford, ON | ||||||||
| Have/Want | Have | ||||||||
| Business category | Commercial Buildings/Hotels/Motels Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | January 9 2025 | ||||||||
| Type Description | Commercial Residential Building & Land for Sale | ||||||||
| Location | Stratford, ON | ||||||||
| Price | $1,400,000.00 | ||||||||
| Building area | 4395 | ||||||||
| Zoning | C3 | ||||||||
| Comments | 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. X11911865 | ||||||||
| Internet Links | |||||||||
| Member Identifier | 101 | ||||||||
| Control | MLS | ||||||||
| Name | Fred Lobb | ||||||||
| Title | Broker / Owner | ||||||||
| Company Name | Royal LePage Heartland Realty, Brokerage | ||||||||
| Address Line One | 1 Albert St | ||||||||
| City | Clinton | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N0M 1L0 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)482-3400 | ||||||||
| Cell Number | 519-955-0012 Cell | ||||||||
| Home Number | 519-955-0012 Cell | ||||||||
| FAX Number | (519) 482-3477 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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