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MLS® X12662444

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 7000 sqft
Garage No
Maintenance Fees 
Taxes $24,098
Days Active 2
Approx. Age 
Avg. Price Per Sqft $285
MLS® Number X12662444

Property Address: 516 Huron St, Stratford, ON, N5A5T7

Average square foot calculated using Size range provided by listing agent.

Description

Prime freestanding commercial investment with strong frontage, diversified tenancy, and defined upside. This well-located multi-tenant building offers approximately 6, 351 sq. Ft. Of rentable area (excluding common areas) and a functional mix of professional and commercial users.The property is currently occupied by three tenants, providing immediate income with clear near- and medium-term repositioning potential. Two units are leased on a gross rent basis, while the largest unit is structured net, offering flexibility for expense recovery and future leasing strategy. A lower-level component is scheduled to be vacated in April 2026, creating a clear value-add opportunity for re-leasing, expansion, or owner-occupier use.Operating expenses are at approximately $8.98 per sq. Ft. The building's layout, scale, and exposure make it suitable for a wide range of professional, financial, medical, or service-oriented users. An ideal acquisition for investors seeking stable cash flow with upside, or end users planning future occupancy while benefiting from interim income. (id:58753)Show Description
MLS® NumberX12662444
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

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$XXX,XXXSold Price
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00/00/0000List Date
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  • Commute

Commute

Starting Address
Destination Address
516 Huron St, Stratford, ON

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