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Listed by Isha Sachdeva • Luxe Home Town Realty Inc
$ 1,799,000
Est. payment | /mo
5,500 SqFt
$ 1,799,000
Est. payment | /mo
5,500 SqFt
Key Details
Property Type Commercial
Sub Type Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $327
MLS Listing ID 40854880
Abv Grd Liv Area 5,500
Annual Tax Amount $12,121
Property Sub-Type Building Only
Source Cornerstone
Property Description
Prime Downtown Fergus Investment & Development Opportunity – 152–168 St. Andrew Street W, Fergus
Exceptional opportunity to own a landmark mixed-use commercial property in the heart of historic Downtown Fergus. This prominent investment property features a strong lineup of established retail and food-service tenants, providing excellent exposure, consistent foot traffic, and reliable income in one of Centre Wellington's most desirable commercial districts.Current tenants include String Theory, Upholstery, Butcher Shop, La Boutique, and Underground Roti Kitchen, offering a diverse mix of successful local businesses that serve both residents and visitors year-round. Lease rent details and financial information are available upon request.Beyond its current income, this property presents an outstanding future redevelopment opportunity, with potential for a mixed-use residential and commercial development, subject to municipal approvals. Investors and developers can capitalize on Fergus's continued population growth, increasing housing demand, and the municipality's vision for a vibrant downtown core.Ideally located within walking distance of shops, restaurants, parks, the Grand River, and community amenities, this rare offering combines stable rental income today with exceptional long-term redevelopment potential—making it an outstanding addition to any investment portfolio.
Exceptional opportunity to own a landmark mixed-use commercial property in the heart of historic Downtown Fergus. This prominent investment property features a strong lineup of established retail and food-service tenants, providing excellent exposure, consistent foot traffic, and reliable income in one of Centre Wellington's most desirable commercial districts.Current tenants include String Theory, Upholstery, Butcher Shop, La Boutique, and Underground Roti Kitchen, offering a diverse mix of successful local businesses that serve both residents and visitors year-round. Lease rent details and financial information are available upon request.Beyond its current income, this property presents an outstanding future redevelopment opportunity, with potential for a mixed-use residential and commercial development, subject to municipal approvals. Investors and developers can capitalize on Fergus's continued population growth, increasing housing demand, and the municipality's vision for a vibrant downtown core.Ideally located within walking distance of shops, restaurants, parks, the Grand River, and community amenities, this rare offering combines stable rental income today with exceptional long-term redevelopment potential—making it an outstanding addition to any investment portfolio.
Location
Province ON
County Wellington
Area Centre Wellington
Zoning C1
Direction St. ANDREW St
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description City Lot, High Traffic Area, Visual Exposure
Faces St. ANDREW St
Story 1
Sewer Other
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 713980167
Ownership Freehold/None
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Chris Adams
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