$695,000
Available - For Sale
Listing ID: X14086286
29 Corcoran Street , Stratford, N5A 1V6, Perth
| Industrial I-2 zoned building on a fully serviced 0.22 acre lot in south-central Stratford, about eight blocks from the downtown core. Owner-occupied for many years as an automotive repair shop, the property is being offered as the owners consolidate their business under one roof at their second location. The sale is for the real estate only. The single-storey building offers 1,887 sq ft plus a 150 sq ft mezzanine. Two drive-in service bays are served by two 12 x 14 ft overhead doors, with 13 ft clear height in the shop. A reception office, washroom and kitchenette sit at the front. The shop has troweled concrete floors and is heated by a ceiling-suspended natural gas forced air furnace. Electrical service is 200 amp single phase with LED and fluorescent lighting. The owners invested in the building in 2023 with a new roof, windows, both entrance doors, and furnace. Built in 1985 of concrete block, it has been well kept and shows in above-average condition. The lot measures 66.15 x 142.89 ft (9,451 sq ft) with asphalt and gravel parking across the north side and mature trees at the edges. Building coverage is about 20 percent, leaving room for parking, outdoor storage or a future addition, subject to approvals. Full municipal services are in place, including natural gas. The 12 General Industrial zone allows a broad range of uses beyond automotive repair, including motor vehicle body shop, contractor's yard or shop, equipment rental and service, building materials yard, warehouse, service trade and industrial use. Buyers to verify their intended use with the City of Stratford. A practical, ready-to-use building for an owner-operator who wants to stop paying rent, or an investor looking for a well-located industrial holding in a growing city. Stratford sits at the junction of Highways 7/8 and 19, about 50 km from both Kitchener-Waterloo and London. |
| Price | $695,000 |
| Taxes: | $3397.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $0 |
| Occupancy: | Owner |
| Address: | 29 Corcoran Street , Stratford, N5A 1V6, Perth |
| Postal Code: | N5A 1V6 |
| Province/State: | Perth |
| Legal Description: | LOT 333 PLAN 41 STRATFORD; STRATFORD |
| Directions/Cross Streets: | Erie St / Corcoran St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Free Standing |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 1887.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 150 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Employees #: | 0 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 1 |
| Outside Storage: | T |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Clear Height Feet: | 11 |
| Truck Level Shipping Doors #: | 2 |
| Height Feet: | 12 |
| Width Feet: | 12 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| CHESTNUT PARK REAL ESTATE LIMITED |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Industrial |
| Area: | Perth |
| Municipality: | Stratford |
| Neighbourhood: | Stratford |
| Tax: | $3,397 |
| Baths: | 1 |
| Fireplace: | N |
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