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516 HURON STREET
Stratford Ontario N5A5T7 Canada

$1,999,000

Active Listing ID X12662444
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7,000 square feet
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Office

$1,999,000

Active Listing ID X12662444
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516 HURON STREET 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Office
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Forced air, Forced air, Electric, Natural gas
  • Additional Features
  • Basement
Listing Changed: 1/5/2026 6:40:40 PM GMT
Source Updated Date: 1/12/2026 2:10:02 PM GMT

Courtesy of: MARK THIBEAULT, Salesperson, Royal LePage Hiller Realty