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$2,499,900
Est. payment /mo
New
56 ALBERT ST Stratford, ON N5A 3K3
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Stratford
MLS Listing ID X12552592
Annual Tax Amount $45,000
Tax Year 2025
Property Sub-Type Investment
Property Description
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 units, Hotel/Inn space and flexible lower level commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient property to add to their portfolio, 56Albert St. boasts eight finished 1-bedroom residential units, as well as 8 Hotel/Inn Units. Residents and patrons 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 Lower level spacious commercial area. This area offers a flexible layout, allowing for customization to suit various needs, from retail ventures, restaurant or bar, or 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 Inn 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 56Albert St.!
Location
State ON
County Perth
Community Stratford
Area Perth
Rooms
Kitchen 0
Interior
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 46.51
Lot Depth 102.68
Building
New Construction false
Others
ParcelsYN No
Listed by Royal LePage Heartland Realty
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