1 Sherbrooke Street
Perth, ON
- 45,000 sqft
- Investment
- 317 days on market
Just steps from Perth's historic downtown, The Old Perth Shoe Factory offers 45,000 sq. ft. of beautifully restored mixed-use commercial space. Built in 1905, this architecturally significant landmark once served as a cornerstone of Perth's industrial heritage and has been thoughtfully transformed into a vibrant hub for modern commerce. Its exposed brick walls, polished concrete floors, and soaring ceilings highlight the building's timeless character and craftsmanship. Several stable tenants are in place, providing immediate income, with four additional spaces - including two on the ground floor - available for lease to enhance returns. Supported by strong local demand and long-term rental potential, this is a great mid-sized commercial opportunity offering turnkey stability, income growth, and enduring historic charm in one exceptional property.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $15,355
- Listed
- October 17, 2025
Price History
Property
- Lot Size
- 2.28 Acres
Parking
- Garage
- None
Location & Legal
- Cross Street
- North Street
- Zoning
- C5-1
- Parcel Number
- 051650068
- Possession
- Flexible
- Occupancy
- Partial
Commercial
- Office / Apartment Area
- 0 Sq Ft
Community
Postal area K7H
- Population
- 16,175
- Private dwellings
- 8,360
- Median age
- 55.6
- Average household size
- 2.2
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Perth · last 12 months
- Median sold price
- $495,000
- Homes sold
- 93
- Median days on market
- 22
- Sale-to-list price
- 97.0%
Based on 93 recorded sales of commercial properties in Perth over the last 12 months.
Listed by
REAL BROKER ONTARIO LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 45,000 sq ft
- Price per sq ft
- $120.00
- Annual property tax
- $15,355
- Tax per sq ft
- $0.34
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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