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Festival Square 10 Downie St 34,310 SF 68% Leased Retail Building Stratford, ON N5A 7K4 $4,500,000 CAD ($131.16 CAD/SF)
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
34,310 SF
Building Class
C
Year Built
1982
Price
$4,500,000 CAD
Price Per SF
$131.16 CAD
Percent Leased
68%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.07
Lot Size
0.38 AC
Zoning
C-3 - Commercial
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- B5
- 7,078 SF
- Office
- -
- Now
- 1st Floor
- 1,044 SF
- Office
- -
- 30 Days
1,436 Square feet of office space on 10 Downie Street.
1371 Square feet of office space on 10 Downie Street.
1,044 Square feet of office space on 10 Downie Street.
- 106B
- 1,086 SF
- Office/Retail
- -
- 30 Days
- 303
- 1,720 SF
- Office/Retail
- -
- 30 Days
- 2nd Floor
- 474 SF
- Office
- -
- 30 Days
- 203
- 1,511 SF
- Office
- -
- 30 Days
1570 Square feet of office space on 10 Downie Street.
1504 Square feet of office space on 10 Downie Street.
- 207
- 474 SF
- Office/Retail
- -
- 30 Days
- 301
- 991 SF
- Office/Retail
- -
- 30 Days
1366 Square feet of office space on 10 Downie Street.
- 305
- 366 SF
- Office/Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| B5 | 7,078 SF | Office | - | Now |
| 1st Floor | 1,044 SF | Office | - | 30 Days |
| 100 | 1,436 SF | Office | - | Now |
| 105 | 1,371 SF | Office/Retail | - | 30 Days |
| 106A | 1,044 SF | Office | - | Now |
| 106B | 1,086 SF | Office/Retail | - | 30 Days |
| 303 | 1,720 SF | Office/Retail | - | 30 Days |
| 2nd Floor | 474 SF | Office | - | 30 Days |
| 203 | 1,511 SF | Office | - | 30 Days |
| 205 | 1,570 SF | Office/Retail | - | 30 Days |
| 206 | 1,504 SF | Office/Retail | - | 30 Days |
| 207 | 474 SF | Office/Retail | - | 30 Days |
| 301 | 991 SF | Office/Retail | - | 30 Days |
| 302 | 1,366 SF | Office | - | Now |
| 305 | 366 SF | Office/Retail | - | 30 Days |
B5
| Size |
| 7,078 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 1,044 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| 30 Days |
100
| Size |
| 1,436 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
105
| Size |
| 1,371 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
106A
| Size |
| 1,044 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
106B
| Size |
| 1,086 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
303
| Size |
| 1,720 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
2nd Floor
| Size |
| 474 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| 30 Days |
203
| Size |
| 1,511 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| 30 Days |
205
| Size |
| 1,570 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
206
| Size |
| 1,504 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
207
| Size |
| 474 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
301
| Size |
| 991 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
302
| Size |
| 1,366 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
305
| Size |
| 366 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
100
| Size | 1,436 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
1,436 Square feet of office space on 10 Downie Street.
105
| Size | 1,371 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | 30 Days |
1371 Square feet of office space on 10 Downie Street.
106A
| Size | 1,044 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
1,044 Square feet of office space on 10 Downie Street.
205
| Size | 1,570 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | 30 Days |
1570 Square feet of office space on 10 Downie Street.
206
| Size | 1,504 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | 30 Days |
1504 Square feet of office space on 10 Downie Street.
302
| Size | 1,366 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
1366 Square feet of office space on 10 Downie Street.
Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 23
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Festival Square | 10 Downie St
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