511 Huron Street Active

Stratford,ON N5A 5T8

$ 12110000

0 Bed

- Bath

27375 SqFt


Key Details

Property Type Commercial

Sub Type Retail,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 27,375 sqft

Price per Sqft $442

MLS Listing ID 40671324

Abv Grd Liv Area 27,375

Originating Board Mississauga

Year Built 2008

Annual Tax Amount $126,439

Lot Size 2.000 Acres

Acres 2.0

Property Description

A freestanding, single tenant Shoppers Drug Mart totaling well located on a major thoroughfare and transit corridor in Woodstock. With over 1,300 locations in Canada, and backed by parent company Loblaw Companies, Shoppers Drug Mart is the dominant Canadian pharmacy retailer with recent annual sales above $17B in 2023. The asset is secured by a long term, carefree net lease providing for a stable income stream and minimal mgmt required by the landlord. Investors have the ability to purchase an asset with a great location, exceptional covenant tenant, and long term income security.

Location

Province ON

County Perth

Area Stratford

Zoning C2

Direction Located in the southwest corner of Huron Street and Matilda Street

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Garage No

Building

Lot Description Rectangular,Ample Parking,City Lot,High Traffic Area,Public Transit,Visual Exposure

Faces Located in the southwest corner of Huron Street and Matilda Street

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 532750066

Ownership Freehold/None

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