March 25, 2024
- 10 min read
516 Huron Street Stratford, Ontario N5A 5T7
$1,999,000
7,000 ft2
Fully Air Conditioned
Forced Air
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:36109)
Business
| Business Type | Other |
| Business Sub Type | Professional office(s) |
Property Details
| MLS® Number | X12662444 |
| Property Type | Office |
| Community Name | Stratford |
Building
| Appliances | Furniture |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas, Electric |
| Heating Type | Forced Air |
| Size Interior | 7,000 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 122 Ft ,4 In |
| Size Frontage | 154 Ft ,1 In |
| Size Irregular | 154.12 X 122.36 Ft |
| Size Total Text | 154.12 X 122.36 Ft |
| Zoning Description | C2 |
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516 Huron Street
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Royal LePage Hiller Realty
January 05 2026 06:31:34
