152-168 St Andrew Street
Centre Wellington N1M 1N5
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C1,529,000
($1,072,500)
(€969,000)
Annual Taxes:C12,121.26
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Prime Downtown Fergus Investment amp ; Development Opportunity 152 168 St.

Description

Prime Downtown Fergus Investment & Development Opportunity - 152-168 St. Andrew Street W, Fergus Exceptional 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. 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.

Amenities

  • Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.