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Renanza Realty
For sale

676 LORNE AVENUE E

Stratford, Ontario

MLS® X13782412

$1,999,999

Status
Active
Property type
Retail
MLS® number
X13782412
Bedrooms
Bathrooms
Year built

Listing description

TURNKEY AUTOMOTIVE OPPORTUNITY IN STRATFORD! Established car lot operation at this location forapproximately 20 plus years, offering an exceptional opportunity for an automotive user,investor, or owner-operator. Situated on approximately 1.

5 acres, the property features ampleparking and a functional setup designed for vehicle sales, repair, detailing, and relatedautomotive uses. The property includes 2 offices and 2 drive-in garages. The first garage features 5 drive-indoors, providing excellent flexibility for multiple repair and detailing operations to runsimultaneously.

The second garage includes a washroom, office, mezzanine, and 2 hoists,offering additional workspace and storage. Ample on-site parking provides plenty of room forvehicle inventory and customer parking. Located on the east side of thriving Stratford, the property is positioned directly along thelatest planned route for the new Highway 7/8, providing excellent future connectivity andexposure.

The site also backs onto a golf course, adding to its unique setting. The existing 1. 5-acre site offers strong potential for continued automotive use while alsopresenting an attractive future redevelopment opportunity, subject to municipal approvals anddue diligence.

A rare combination of established automotive infrastructure, generous land, multiple drive-indoors, hoists, parking, and future potential. Excellent opportunity for an automotive operator,investor, or developer! Seller has plans/drawings for a proposed expansion to approximately 15,000 sq.

ft. Property hasan appraised value of approximately $2. 7M.

Property summary

MLS® number
X13782412
Property type
Retail
Square footage
2 sq ft
Land size
1.565 acres
Annual property taxes
$6,099.50
Days on market
5 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $1,999,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,306 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE FLOWER CITY REALTY, BRAMPTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.