516 HURON STREET

Stratford, , N5A5T7, Canada

$1,999,000

Prime freestanding commercial investment with strong frontage, diversified tenancy, and defined upside. This well-located multi-tenant building offers approximately 6,351 sq. ft. of rentable area (excluding common areas) and a functional mix of professional and commercial users.The property is currently occupied by three tenants, providing immediate income with clear near- and medium-term repositioning potential. Two units are leased on a gross rent basis, while the largest unit is structured net, offering flexibility for expense recovery and future leasing strategy. A lower-level component is scheduled to be vacated in April 2026, creating a clear value-add opportunity for re-leasing, expansion, or owner-occupier use.Operating expenses are at approximately $8.98 per sq. ft. The building's layout, scale, and exposure make it suitable for a wide range of professional, financial, medical, or service-oriented users. An ideal acquisition for investors seeking stable cash flow with upside, or end users planning future occupancy while benefiting from interim income.

EXTRAS: Furniture

Last updated on : Friday 20th of March 2026 02:10:36 PM

ADDRESS

Street : 516 HURON STREET

City : Stratford

Country : Canada

Postal Code : N5A5T7

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PROPERTY SUMMARY

Property ID : X12662444

Building Type : Offices

Property Type : Office

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