388 Downie ST, Stratford, ON N5A 1X6
388 Downie ST, Stratford, ON N5A 1X6
388 Downie ST, Stratford, ON N5A 1X6
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$899,900
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Price Dropped by $200K

388 Downie ST Stratford, ON N5A 1X6

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Stratford

MLS Listing ID X12680506

Annual Tax Amount $5,926

Tax Year 2025

Property Sub-Type Investment

Property Description

A rare chance to own a storied piece of Stratford history. The former Avon Hotel, dating to the mid-1800s, offers approx. approx 10,000 sq ft on a prime corner lot with two frontages on busy Downie Street. Located within walking distance to Downtown, the VIA Rail station, new bus terminal, University of Waterloo and Conestoga College campus, Avon Theatre, skate park and the future Community Hub. This 3-storey 19th-century building has undergone some rehabilitation and is looking for its next owner's vision. Potential for two commercial lease spaces on the main floor, and the vacant upper floors are ready for residential redevelopment. Zoned Highway Commercial C2-18. Offered as-is, where-is.

Location

Province ON

County Perth

Area Perth

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 122.0

Lot Depth 109.0

Others

ParcelsYN No


Listed by Sutton Group - First Choice Realty Ltd.

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388 Downie ST