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$ 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 Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $327
Subdivision Fergus
MLS Listing ID X13660952
Annual Tax Amount $12,121
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Wellington
Area Wellington
Rooms
Kitchen 0
Interior
Cooling Yes
Heat Source Gas
Exterior
Utilities Available Available
Others
Security Features Yes
ParcelsYN No
Listed by LUXE HOME TOWN REALTY INC.
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