141-147 Downie St - Storefront Retail/Office FOR SALE


Stratford, ON N5A 1X2
$3,295,000 CAD
519-340-2323
141-147 Downie St, Stratford, ON for Sale
$3,295,000 CAD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

141-147 Downie St
Stratford, ON N5A 1X2


HIGHLIGHTS

  • Presents an exceptional opportunity to own a highly visible, landmark building in the heart of Stratford’s vibrant downtown core.
  • Features ±11,530 SF on the main floor and ±9,850 SF on the second floor, providing flexible configurations for multi-tenant or single-user occupancy.
  • Positioned along a prominent commercial corridor just steps from the Avon Theatre and City Hall, benefiting from consistent pedestrian and visitors.
  • Supported by versatile C3 zoning, accommodating a broad mix of commercial, retail, and service-based operations.

OVERVIEW

Discover an excellent opportunity to acquire a prominent commercial building in the heart of Stratford. This ±21,380 SF two-storey property, situated on ±0.27 acres, features ±11,530 SF of open retail and office space on the main floor, complemented by an additional ±9,850 SF of retail space on the second level. The building has undergone significant renovations in recent years, including exterior upgrades and partial roof replacement in 2022. Flexible C3 zoning supports a wide range of commercial and retail uses, and the property’s location along a key commercial corridor in the downtown business district places it just a short walk from the Avon Theatre and City Hall. Currently configured into two units, the property includes a month-to-month tenant who could remain for added income.

FOR SALE DETAILS

PRICE

$3,295,000 CAD

PRICE/SF

$154 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1889

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joe BenningerCBRE, LimitedMore Info
519-340-2323

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Joe BenningerCBRE, LimitedMore Info
519-340-2323

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