29 Corcoran Street, Stratford, Ontario N5A 1V6

Listed for:
$695,000
0 beds
1 baths
Listed 6 days ago
29 Corcoran Street, Stratford, Ontario N5A 1V6

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About

Erie St / Corcoran St. 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. (id:27476)

Property Highlights

MLS® Number
X14086286
Type
Industrial
Community Name
Stratford
Land Size
66 x 142.89 FT
Parking Space Total
12

Building

Square Footage
1887 sqft
Bathrooms Total
1
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
CHESTNUT PARK REAL ESTATE LIMITED
MLS® number:
X14086286
Agent:
Roxanne Finn
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