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10 DOWNIE Street
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10 DOWNIE Street $4,955,000
4 days ago
$4,955,000
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10 DOWNIE Street
Stratford, Ontario N5A7K4

MLS® Number: 40712319

Listing 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. (68812327)

Location Description

Downie Street/HWY 8

Property Summary

Property Type
Retail
Storeys
3
Subdivision Name
22 - Stratford
Title
Freehold
Land Size
0.3 ac|under 1/2 acre
Annual Property Taxes
$131,768.95
Time on REALTOR.ca
4 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Visual exposure
Utilities
Utility Type
Electricity (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit

Measurements

Square Footage
59150 sqft
Exterior Building Size
59150 sqft

Land

Lot Features
Frontage
109 ft
Land Depth
78 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
Central Commercial (C3)
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
JOE BENNINGER