10 Downie St - Freestanding FOR SALE


Stratford, ON N5A 7K4
$4,500,000 CAD
519-500-1922
10 Downie St, Stratford, ON for Sale
$4,500,000 CAD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

10 Downie St
Stratford, ON N5A 7K4


OVERVIEW

An exceptional commercial investment opportunity awaits at 10 Downie Street, a landmark three-storey mixed-use heritage building known as "Festival Square" in the heart of Downtown Stratford. Spanning 38,619 SF of versatile above-grade leasable area, this premier asset commands one of the city's busiest, high-visibility intersections, ensuring maximum foot traffic. The property features a character-rich indoor retail atrium and sits just steps from Stratford's vibrant cultural core, including the scenic waterfront, Shakespearean Gardens, and the University of Waterloo campus. Anchored by a diverse roster of 9 existing tenants providing stable, immediate cash flow, the property offers tremendous value-add potential through strategic vacancy lease-up and long-term residential conversion options.

FOR SALE DETAILS

PRICE

$4,500,000 CAD

PRICE/SF

$131 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Festival Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-3

APN/PARCEL ID

311105001000100

ASK ABOUT THIS PROPERTY

Todd CooneyCBRE, LimitedMore Info
519-500-1922

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Todd CooneyCBRE, LimitedMore Info
519-500-1922

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.