$7,300,000
FOR SALE

Commercial/Retail

Lot: 278.8 x 312.7 ftTotal Area: 13,382 ft2
2023 Taxes: $69,135

429 Huron St
Stratford, ON N5A 5T8 | 22 - Stratford | Perth

1.975 ACRE CORNER LOT WITH ANCHOR TENANT OF TIM HORTON AND BEER STORE; LONG ESTABLISHED TENANT AT THE PROPERTY;APPROVAL ON HAND FOR BUILDING GAS STATION AS WELL IF BUYER IS INTERESTED.DO NOT GO DIRECT OR TALK TO EMPLOYEES; 5.5% CAP RATE TO THE BUYER ON CURRENT INCOME AND FURTHER GROWTH IS POSSIBLE; Beer Store is extending their lease for two years and thereafter they will reduce their floor area and renegotiated rent at market rate and this is subject to approval of drive through from the city for their customers. Gas station convenience store will use the space released by beer store; all offers welcome.
Extras
PLEASE DO NOT GO DIRECT WITHOUT NOTIFYING THE LISTING BROKERAGE DO NOT TALK OR ASK ANYTHING FROM THE TENANTSALL INFO WITH THE LISTING BROKERAGE; SEND CONFIDENTIALITY AGREEMENT AS ATTACHED TO GET ACCESS TO THE DATA
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Listed By REALCAP REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8105468
Last Updated Mar 22, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
Category Retail
PIN 532750049
Occupancy Tenant
Possession Date TBD
Taxes (2023) $69,135
Tax Type Annual
Directions/Cross Streets Huron St/Forman Ave
Neighbourhood 22 - Stratford
Area Perth
Price History

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Detailed Information
Freestanding Y
Lot 278.8 x 312.7 ft
Retail Area 13,382 ft2
Total Area 13,382 ft2
Approximate Age 31-50
Air Conditioning Y
Basement N
Chattels N
Garage Type None
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Area Influences Major Highway, Public Transit
Soil Test Y
Sprinklers Y
Sewers San Avail
Utilities Y
Water Municipal
UFFI No
Crane N
Survey N
Lot/Bldg/Unit Code Lot
Zoning COMMERCIAL RETAIL
Seller Property Info Statement N

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