In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential living and flexible commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient living space to add to their portfolio, 56 Albert St. boasts room for eight 1-bedroom residential units, six of which are already completed. Residents will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students, or young professionals. Entrepreneurs and businesses, on the other hand, can leverage the potential of the two spacious commercial areas. These areas offer flexible layouts, allowing for customization to suit various needs, from retail ventures, restaurant or bar, to professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence. Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56 Albert St.! (id:47421)
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Detailed Information
Lot
47 x 0 ft
Amenities Nearby
Hospital, Public Transit, Schools
Community Features
High Traffic Area
Listing Contract Date
2024-03-05
Location Description
From Hwy.8 in downtown Stratford, turn onto Downie St. and take your first left onto Albert St. Property on the left.
Ownership Type
Freehold
Property Type
Office
Transaction Type
For sale
Zoning Description
C3
Building
Basement Type
Full
Stories Total
4
Size (Exterior)
9492
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Hospital, Public Transit, Schools
Sewer
Municipal sewage system
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