$2,395,000
( $252.32Per Sq Foot )
 $12,857 est/mo Sourced by Back At You

56 Albert Street , Stratford, ON N5A 3K3

Stratford, ON N5A 3K3

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Description

In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential living and flexible commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient living space to add to their portfolio, 56 Albert St. boasts room for eight 1-bedroom residential units, six of which are already completed. Residents will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students, or young professionals. Entrepreneurs and businesses, on the other hand, can leverage the potential of the two spacious commercial areas. These areas offer flexible layouts, allowing for customization to suit various needs, from retail ventures, restaurant or bar, to professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence. Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56 Albert St.!

Details

MLS#40546231
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site142
Listing Provided ByRoyal LePage Heartland Realty (God) Brokerage | Jeff Bauer

Features

SQ Feet9,492
BasementY
Story(s)4
ZoningC3
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionPerth
CityStratford
Postal CodeN5A 3K3
AreaStratford
Subarea22 Stratford
Community Name22 Stratford
Listing VS Median (in 22 Stratford)
Price:
$2,395,000
low | high
Med:
$655,000
100% of Average
SqFt:
9,492
low | high
Med:
1,089
100% of Average
$ / SqFt:
$252
low | high
Med:
$601
88.377703779108% of Average
On Site:
142
low | high
Med:
104.000000
100% of Average
Sourced by Back At You
Listing Updated: May 31, 2024 at 9:39:58 AM PDT