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141-147 Downie Street

141-147 Downie Street

Stratford, ON

21,380 sqft • Commercial Retail • 210 days on market

$3,295,000

Opportunity to own a high profile building in the heart of Stratford. The +/-21,380 SF 2-storey building is situated on +/-0.27 acres features +/-11,530 SF of open retail space and office space on the first floor with an additional +/- 9,850SF of retail space on the second floor. Extensive renovations done over the last few years include exterior updates and the replacement of portions of the roof in 2022. Flexible C3 zoning provides for numerous commercial and retail uses. The Property is situated along a commercial corridor in the downtown business district being only a short walk from the Avon Theatre and City Hall. The Property is currently configured into two units with a month to month tenant that could be renewed for additional income. 141-147 Downie Street can be purchased together with 148 Waterloo Street South which is directly behind the Subject Property.

Listing Details

Taxes (2025)
$78,749
Listed
January 26, 2026

Price History

Property

Age
51-99
Lot Size
131.99 x 90.42 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Douro Street, St. Patrick Street, George Street
Zoning
C3
Parcel Number
531220117
Possession
Immediate

Commercial

Business Type
Retail Store Related
Occupancy
Vacant

Community

Postal area N5A

Population
32,898
Private dwellings
15,203
Median age
46.4
Average household size
2.2
Median household income
$77,000

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 Stratford · last 12 months

Median sold price
$569,900
Homes sold
431
Median days on market
30
Sale-to-list price
97.4%

Based on 431 recorded sales of commercial properties in Stratford over the last 12 months.

Listed by

CBRE LIMITED

Location

Commercial figures

Building area
21,380 sq ft
Price per sq ft
$154.12
Annual property tax
$78,749
Tax per sq ft
$3.68

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

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