| Prime Downtown Fergus Investment & Development Opportunity - 152-168 St. Andrew Street W, FergusExceptional 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. |
| Price | $1,799,000 |
| Taxes: | $12121.26 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 152-168 ST ANDREW Street West , Centre Wellington, N1M 1N5, Wellington |
| Postal Code: | N1M 1N5 |
| Province/State: | Wellington |
| Directions/Cross Streets: | ST ANDREW ST. W |
| 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 |
| Category: | Retail |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 5500.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| LUXE HOME TOWN REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Com - Commercial Retail |
| Area: | Wellington |
| Municipality: | Centre Wellington |
| Neighbourhood: | Fergus |
| Tax: | $12,121.26 |
| Fireplace: | N |