56 Albert Street Stratford, Ontario N5A 3K3

9492

$2,595,000

In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential living and flexible commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient living space to add to their portfolio, 56 Albert St. boasts room for eight 1-bedroom residential units, six of which are already completed. Residents will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students, or young professionals. Entrepreneurs and businesses, on the other hand, can leverage the potential of the two spacious commercial areas. These areas offer flexible layouts, allowing for customization to suit various needs, from retail ventures, restaurant or bar, to professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence. Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56 Albert St.! (id:47351)

Property Details

MLS® Number 40546231
Property Type Office
Amenities Near By Hospital, Public Transit, Schools
Community Features High Traffic Area

Building

Basement Type Full
Stories Total 4
Size Exterior 9492.0000
Size Interior 9492
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Frontage 47 Ft
Size Total Text Under 1/2 Acre
Zoning Description C3

https://www.realtor.ca/real-estate/26586646/56-albert-street-stratford