1,287 ft2
$359,900
Versatile and full of potential, this high-visibility corner property in Shakespeare presents a unique opportunity for investors, entrepreneurs, or those exploring a return to residential living. Formerly home to a well-known local business, the property combines historic charm with functional commercial space and excellent exposure along Perth Road 107. Set on a corner lot with ample street parking, the property is currently zoned C15, allowing for a wide range of permitted uses. The existing building features character details such as the original staircase and includes three upper-level bedrooms, offering flexibility for mixed-use or residential conversion. With natural gas heating, municipal sewer, and essential services already in place, the groundwork is set for a variety of future possibilities. Given the prominent location and lot size, there is also strong potential for redevelopment. A new Buyer could make this their home with some updates throughout or others may wish to remove the existing structure to make way for a new custom home or commercial building, with the opportunity for a new owner to explore zoning amendments or changes to suit their vision. Ideally situated just minutes from Stratford and Tavistock, and within comfortable commuting distance to Kitchener-Waterloo, this property offers exceptional exposure and long-term potential in a growing community. (id:50976)
Property Details
|
MLS® Number
|
40823834 |
|
Property Type
|
Retail |
|
Amenities Near By
|
Schools |
|
Community Features
|
High Traffic Area |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Stone |
|
Stories Total
|
2 |
|
Size Exterior
|
1286.7400 |
|
Size Interior
|
1,287 Ft2 |
|
Utility Water
|
Well |
Land
|
Acreage
|
No |
|
Land Amenities
|
Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
93 Ft |
|
Size Frontage
|
78 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C15 |
https://www.realtor.ca/real-estate/29658605/3991-perth-rd-107-road-shakespeare