An outstanding investment opportunity awaits with this 8.45-acre commercial property in the booming city of Stratford. A 3.5-acre portion of the lot has already secured full approval for the development of a gas station, retail store, and car wash, making this property perfect for investors looking to launch a project without delay. This pre-approval significantly reduces development time and accelerates potential returns, with an essential service offering in a high-traffic location. Situated at the highly visible and easily accessible corner of Lorne Ave E and Downie 112 Rd, this property’s prime location offers exceptional exposure for any commercial venture. The I2 zoning allows for a variety of additional uses, such as motor vehicle sales, self-storage facilities, veterinary clinics, factory stores, and garden centers. The zoning flexibility makes this an excellent investment for both immediate and future development. For added convenience, the seller is offering Vendor Take-Back (VTB) financing providing a flexible and attractive option for qualified buyers. This is a rare chance to acquire and develop a key commercial property in one of Stratford’s fastest-growing areas. Contact us today for more details on this exceptional opportunity. (id:47421)
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Detailed Information
Lot
610 x 765 ft
Amenities Nearby
Schools
Listing Contract Date
2024-09-26
Location Description
South East Corner Of Downie And Lorne Street
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
I2
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Telephone
Available
Land
Total Size
8.449 acres
Acreage
Yes
Amenities
Schools
Sewer
Storm sewer
Size of Irregular Land
8.449
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