CALLING ALL INVESTORS!! This is your opportunity to invest in the heart of downtown Woodstock! This building offers over 3800+ sq ft of finished space on the main & second floors PLUS the completed basement. This C5 zoned buidling in the downtown core offers both high traffic and amazing visual exposure. The front of the building offers 2 large display windows one on either side of the entrance. Maintenance free flooring throughout. Lots of updates including 6 washrooms in total (all updated in recent years), 3 newer furnaces and A/C units (2017) with main floor having a heat pump system, and newer roof with membrane (2017). ALL MAJOR COMPONENTS OF THIS BUILDING HAVE BEEN UPGRADED!! Upstairs is ready for your development ideas such as converting this open space to a second residential unit or a secondary commercial space with a separate entrance off the front vestibule. There is an existing residential studio apartment (currently vacant) in the rear of the building with a separate entrance from the back alley. There are a few possible income streams available with this property. With the rental market in such high demand right now, this is an investors dream! Main & basement floors are currently on a commercial lease until Fall 2025 to A+++ tenant who owns a thriving and successful fitness studio (Meadows Fitness). (id:47421)
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Listed By
Re/Max a-b Realty Ltd Brokerage
Data Provided By
Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
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Detailed Information
Lot
19 x 101 ft
Amenities Nearby
Public Transit
Community Features
High Traffic Area
Equipment
Water Heater
Features
Visual exposure
Listing Contract Date
2024-04-08
Location Description
From Highway 401, take exit 238 (Oxford Rd 2). Keep right and head west into downtown Woodstock, property is on the north side of Dundas Street.
Ownership Type
Freehold
Property Type
Office
Rental Equipment
Water Heater
Signage
Unknown
Transaction Type
For sale
Zoning Description
C5
Building
Basement Type
Full
Exterior Finish
Brick, Stucco
Fire Protection
Alarm system
Foundation Type
Block
Stories Total
2
Size (Exterior)
3838
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Amenities
Public Transit
Sewer
Municipal sewage system
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