Commercial listings / Investment / For sale

388 Downie Street, Stratford, ON N5A 1X6

$799,900

Property type
Investment
Transaction
For sale
Location
Stratford, Perth
Building area
10,500 Square Feet
Lot size
0.274 Feet
MLS® number
X12680506

Description

A rare chance to own a storied piece of Stratford history. The former Avon Hotel, dating to the mid-1800s, offers approx. approx 10,000 sq ft on a prime corner lot with two frontages on busy Downie Street. Located within walking distance to Downtown, the VIA Rail station, new bus terminal, University of Waterloo and Conestoga College campus, Avon Theatre, skate park and the future Community Hub. This 3-storey 19th-century building has undergone some rehabilitation and is looking for its next owner's vision. Potential for two commercial lease spaces on the main floor, and the vacant upper floors are ready for residential redevelopment. Zoned Highway Commercial C2-18. Offered as-is, where-is.

Listing brokerage: Sutton Group - First Choice Realty Ltd.

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