A rare opportunity to own a beautiful, historic mixed-use commercial/residential property located on Main Street in Stratford, Ontario. Prime, high-visibility location with excellent street presence and signage.The upper level features a spacious two-bedroom apartment complete with in-suite washer and dryer, offering comfortable residential living or strong rental potential. The main and second floors were previously occupied by a law office that relocated solely to accommodate a need for additional space.Extensively updated throughout, the property has undergone significant improvements, including complete replacement of former knob-and-tube electrical wiring, installation of new high-efficiency lighting, Ethernet cabling run to all rooms, patching and repainting of most of the building, new flooring throughout the entire upper unit and select areas of the main floor, and new toilets in both bathrooms along with updated fixtures in the lower-level bathroom.This is an excellent income-producing property offering the flexibility to own and operate your business on-site while benefiting from supplemental residential rental income. Ideal for entrepreneurs seeking the perfect work-life balance.Zoned MUR, permitted uses include residential and a wide range of business opportunities such as professional or medical offices, clinics, studios, personal care establishments, day spa, pet grooming, private or commercial schools, and more.Conveniently located close to all amenities including downtown shopping, Stratford Festival Theatres, restaurants, schools, and parks. The property also features a private parking lot accommodating seven or more vehicles.A truly versatile investment with exceptional visibility in one of Stratford's most desirable areas. (id:4069)
Address
258 ONTARIO STREET
List Price
$739,000
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
Ontario
Sub-Area
Stratford
Bedrooms
2
Bathrooms
2
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
43.4 x 132 FT Sq. Ft.
MLS® Number
X12798442
Listing Brokerage
SUTTON GROUP REALTY SYSTEMS INC.
Basement Area
N/A (Unfinished)
Postal Code
N5A3H5
Zoning
MUR-R3
Site Influences
Hospital, Public Transit, Place of Worship
