56 Albert Street, Stratford

56 Albert Street, Stratford, ON N5A3K3 Photo 1

50 Photos

56 Albert Street, Stratford, ON N5A3K3 Photo 2
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  • Living area: 9492 sqft
  • MLS®: 40546231
  • Type: Commercial
  • Added: 53 days ago

Property Details

In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential living and flexible commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient living space to add to their portfolio, 56 Albert St. boasts room for eight 1-bedroom residential units, six of which are already completed. Residents will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students, or young professionals. Entrepreneurs and businesses, on the other hand, can leverage the potential of the two spacious commercial areas. These areas offer flexible layouts, allowing for customization to suit various needs, from retail ventures, restaurant or bar, to professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence. Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56 Albert St.! (id:1945)

Property Information

  • Sewer: Municipal sewage system
  • Stories: 4
  • Basement: Full
  • Directions: From Hwy.8 in downtown Stratford, turn onto Downie St. and take your first left onto Albert St. Property on the left.
  • Living Area: 9492
  • Photos Count: 50
  • Water Source: Municipal water
  • Common Interest: Freehold
  • Subdivision Name: 22 - Stratford
  • Tax Annual Amount: 44000
  • Building Area Total: 9492
  • Community Features: High Traffic Area
  • Zoning Description: C3
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Nearby Places

Name Type Address Distance
Albert St. Inn Lodging 23 Albert St 0.1 km
Fellini's Italian -Mediterranean Restaurant 107 Ontario St 0.1 km
Bentley's Bar Inn & Restaurant Bar 99 Ontario St 0.1 km
Molly Blooms Irish Pub Restaurant 26 Brunswick St 0.1 km
Mercer Hall Inn & Restaurant Bar 108 Ontario St 0.1 km
Gene's Restaurant Restaurant 81 Ontario St 0.1 km
The Church Restaurant Restaurant 70 Brunswick St 0.1 km
Avon Theatre Establishment 99 Downie Street 0.2 km
Pazzo Taverna and Pizzeria Meal takeaway 70 Ontario St 0.2 km
Rundles Restaurant Restaurant 9 Cobourg St 0.2 km
Foster's Inn Bar 111 Downie St 0.2 km
Raja Fine Indian Cuisine Restaurant 10 George St W 0.2 km
Similar Commercial listings Stat in Stratford
We have found 1 Commercial that closely match the specifications of the property located at 56 Albert Street with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 1,800,000 and 1,800,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the N5A3K3 postal code area of Stratford Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 20
University / Above bachelor level 10
College 70
University degree at bachelor level or above 40

Neighbourhood Marital Status Stat

Married 150
Widowed 45
Divorced 50
Separated 20
Never married 145
Living common law 30
Married or living common law 185
Not married and not living common law 260

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 30
1991 to 2000 50
1960 or before 175
Comparison of 56 Albert Street, Stratford, ON with Nearby Commercial listings
Nearby Cities Listings Avg. price
Ingersoll Homes for Sale 56 $996.489
Waterloo Homes for Sale 404 $860.778
London Homes for Sale 1485 $943.325
Kitchener Homes for Sale 704 $983.673
Woodstock Homes for Sale 144 $778.420
Tillsonburg Homes for Sale 112 $998.354
Guelph Homes for Sale 357 $929.355
Goderich Homes for Sale 69 $655.867
Popular Cities Listings Avg. price
Cambridge Homes for Sale 414 $1.038.179
Burlington Homes for Sale 782 $1.566.919
Milton Homes for Sale 376 $1.819.413
Oakville Homes for Sale 858 $1.944.295
Mississauga Homes for Sale 1331 $1.345.917
Caledon Homes for Sale 318 $2.373.680
Brampton Homes for Sale 1133 $1.227.746
Vaughan Homes for Sale 735 $1.642.988
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