676 Lorne Avenue
Stratford, ON
- 1 sqft
- Commercial Retail
TURNKEY AUTOMOTIVE OPPORTUNITY IN STRATFORD! Established car lot operation at this location forapproximately 20 plus years, offering an exceptional opportunity for an automotive user,investor, or owner-operator. Situated on approximately 1.5 acres, the property features ampleparking and a functional setup designed for vehicle sales, repair, detailing, and relatedautomotive uses.The property includes 2 offices and 2 drive-in garages. The first garage features 5 drive-indoors, providing excellent flexibility for multiple repair and detailing operations to runsimultaneously. The second garage includes a washroom, office, mezzanine, and 2 hoists,offering additional workspace and storage. Ample on-site parking provides plenty of room forvehicle inventory and customer parking.Located on the east side of thriving Stratford, the property is positioned directly along thelatest planned route for the new Highway 7/8, providing excellent future connectivity andexposure. The site also backs onto a golf course, adding to its unique setting.The existing 1.5-acre site offers strong potential for continued automotive use while alsopresenting an attractive future redevelopment opportunity, subject to municipal approvals anddue diligence.A rare combination of established automotive infrastructure, generous land, multiple drive-indoors, hoists, parking, and future potential. Excellent opportunity for an automotive operator,investor, or developer! Seller has plans/drawings for a proposed expansion to approximately 15,000 sq. ft. Property hasan appraised value of approximately $2.7M.
Listing Details
- Taxes (2026)
- $6,100
- Originally Listed
- $2,199,000
- Listed
- September 11, 2026
Price History
Property
- Lot Size
- 211.4 x 322.8 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- From Shakespeare - South on R.
- Zoning
- C2-2
- Parcel Number
- 531040021
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Automotive Related
- Office / Apartment Area
- 520 Sq Ft
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
- $568,000
- Homes sold
- 424
- Median days on market
- 31
- Sale-to-list price
- 97.5%
Based on 424 recorded sales of commercial properties in Stratford over the last 12 months.
Listed by
ROYAL LEPAGE FLOWER CITY REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $6,100
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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