148 Waterloo St S - Storefront Retail/Residential FOR SALE


Stratford, ON N5A 4B4
$995,000 CAD
519-673-6444

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$995,000 CAD
Storefront Retail/Residential - FOR SALE
null | Request Cap Rate

148 Waterloo St S
Stratford, ON N5A 4B4


OVERVIEW

Mixed-use investment opportunity in the heart of Stratford! The +/-3,065 SF, 2-storey building is situated on +/-0.187 acres. On the main floor a hair salon currently tenants +/-600 SF and on the second floor a residential tenant occupies a +/-1,452 SF apartment unit. Currently a +/-1,013 SF unit on the main floor is vacant, perfect for an owner/occupier hoping to acquire a well located building with ample parking and holding income or for an investor looking for upside by stabilizing the asset at market rents. Flexible C3 zoning provides numerous commercial uses. At the eastern edge of the downtown business district and across the street from a school and residential neighbourhood this offering provides access to a deep consumer base. 148 Waterloo Street South can be purchased together with 141-147 Downie Street which is direct behind the Subject Property.

FOR SALE DETAILS

PRICE

$995,000 CAD

PRICE/SF

$325 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

C3

APN/PARCEL ID

311104001007400

ASK ABOUT THIS PROPERTY

519-673-6444

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519-673-6444

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