388 Downie Street, Stratford | Image 1

388 Downie Street

Stratford, Stratford

  • Commercial

$2,000,000
For Sale

Added 2 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Mixed Use

  • Age: No Data

  • Taxes: 5655

  • MLS®#: X11953428

  • Added: Feb 03, 2025 (2 days ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: COMMERCIAL FOCUS REALTY INC.

Located in popular theatre country - Stratford with over 1MM visitor per year. This is a corner site with two at grade retail spaces and vacant spaces above. The property dates from the mid 1800's as was known as the Avon Hotel. One retail space is occupied (local popular bakery) and the rest of the building is vacant. It is a part three and one storey structure of frame construction. The Sellers have applied to convert the entire building into a mixed use investment with retail and grade and 10 studio rental apartments above. The Sellers are close to obtaining these municipal entitlements.

Extras

The property is being sold as is and where is with Buyers completing the process and the development.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Stratford

  • Community: Stratford

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2024

  • Taxes: $5,655

  • Taxes Type: Annual

Land

  • Cross Street: Downie and Kent

  • Municipality District: Stratford

  • Parcel Number: 531160113

  • Lot Depth: 109.01 Feet

  • Lot Frontage: 102.38 Feet

  • Zoning: Mixed Use

Commercial Specific

  • Total Area: 7000

  • Total Area Metric: Sq Ft Divisible

  • Area Influence: Rec Centre

  • Lot Code: Lot

  • Financial Statement: N

Map of 388 Downie Street, Stratford
JK-6

Romeo Public School

Elementary: Public
0.59 km
JK-6

Shakespeare Public School

Elementary: Public
0.40 km
JK-8

St Ambrose Separate School

Elementary: Catholic
0.79 km
7-8

Stratford Central Public School

Elementary: Public
1.03 km
JK-8

Jeanne Sauvé Catholic School

Elementary: Catholic
0.55 km
JK-8

Anne Hathaway Public School

Elementary: Public
0.83 km
9-12

Mitchell District High School

Secondary: Public
21.08 km
9-12

St Marys District Collegiate and Vocational Institute

Secondary: Public
17.29 km
9-12

Stratford Central Secondary School

Secondary: Public
1.03 km
9-12

St Michael Catholic Secondary School

Secondary: Catholic
2.83 km
9-12

Stratford Northwestern Secondary School

Secondary: Public
2.58 km
Pre-Grade 9-12

Waterloo-Oxford District Secondary School

Secondary: Public
23.75 km
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