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148 Waterloo St S 3,065 SF 100% Leased Retail Building Stratford, ON N5A 4B4 $995,000 CAD ($324.63 CAD/SF)
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,065 SF
Building Class
C
Year Built
1890
Price
$995,000 CAD
Price Per SF
$324.63 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.26 AC
Zoning
C3
Frontage
72’ on Waterloo St S
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (94)
Nearby Major Retailers
1 of 2
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148 Waterloo St S
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