258 Ontario Street, Stratford, ON N5A 3H5

Stratford N5A 3H5 Ontario

MLS: X12710940

$739,000

Added 6 hours ago | For Sale

Listed by: SUTTON GROUP REALTY SYSTEMS INC.

About Property

A rare opportunity to own a beautiful, historic mixed-use commercial/residential property located on a main Street in Stratford. Prime, high-visibility location with excellent street presence. The upper level features a spacious two-bedroom apartment with in-suite washer and dryer, offering comfortable residential living or strong rental potential. The main & second floors were previously occupied by a law office that relocated solely to accommodate a need for additional space. Extensively updated throughout, the property has undergone significant improvements, including complete replacement of former knob-&-tube electrical wiring, installation of new high-efficiency lighting, Ethernet cabling run to all rooms, patching & repainting of most of the building, new flooring throughout the entire upper unit & select areas of the main floor & new toilets in both bathrooms. This is an excellent income-producing property offering the flexibility to own & operate your business on-site while benefiting from supplemental residential rental income. Ideal for entrepreneurs seeking the perfect work-life balance. Zoned MUR, permitted uses include residential & a wide range of business opportunities such as professional or medical offices, clinics, studios, personal care establishments, pet grooming, private or commercial schools. Private parking lot accommodating seven or more vehiclesA truly versatile investment with exceptional visibility in one of Stratford's most desirable area.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 43.4 X 132
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Front St and Nile St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $5764
  • Bedrooms:
  • Total Parking Spaces:7
  • Parking Places:7
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12710940

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