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141-147 Downie St 21,380 SF 100% Leased Retail Building Stratford, ON N5A 1X2 $2,433,512 USD ($113.82 USD/SF)
Investment Highlights
- Presents an exceptional opportunity to own a highly visible, landmark building in the heart of Stratford’s vibrant downtown core.
- Positioned along a prominent commercial corridor just steps from the Avon Theatre and City Hall, benefiting from consistent pedestrian and visitors.
- 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.
- Supported by versatile C3 zoning, accommodating a broad mix of commercial, retail, and service-based operations.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,380 SF
Building Class
C
Year Built
1889
Price
$2,433,512 USD
Price Per SF
$113.82 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.27 AC
Zoning
C3 - Provides for numerous commercial and retail uses
Parking
40 Spaces (1.87 Spaces per 1,000 SF Leased)
Frontage
139’ on Downie St
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (94)
Nearby Major Retailers
1 of 3
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141-147 Downie St
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