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10 Downie St
Stratford, ON N5A 7K4
Festival Square · Retail Property For Sale
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
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