$2,199,000
Available - For Sale
Listing ID: X13782412
676 Lorne Avenue East , Stratford, N5A 6S5, Perth


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.
Price $2,199,000
Taxes: $6099.50
Tax Type: Annual
Occupancy: Owner+T
Address: 676 Lorne Avenue East , Stratford, N5A 6S5, Perth
Postal Code: N5A 6S5
Province/State: Perth
Legal Description: LT 69 PL 381 STRATFORD ; PT LT 71 PL 381
Directions/Cross Streets: From Shakespeare - South on R.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Highway Commercial
Use: Automotive Related
Building Percentage: T
Total Area: 1.57
Total Area Code:  Acres
Office/Appartment Area: 520
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Days Open: O
Employees #: 4
Seats: 0
Sprinklers: No
Washrooms: 0
Rail: N
Clear Height Feet: 14
Truck Level Shipping Doors #: 0
Drive-In Level Shipping Doors #: 5
  Height Feet: 13
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FLOWER CITY REALTY
Personal Picture
Bikramjit Sharma
Broker
Dir:
647-295-0028
Bus:
905 456 9090
Fax:
905-456-9091
 
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At a Glance:
Type: Com - Commercial Retail
Area: Perth
Municipality: Stratford
Neighbourhood: Stratford
Style:
Lot Size: x 322.80(Feet)
Approximate Age:
Tax: $6,099.5
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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