152-168 St Andrew Street W,Fergus, ON N1M 1N5
Fergus, ON N1M 1N5
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 potentialmaking it an outstanding addition to any investment portfolio.
Details
| MLS # | 40854880 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Building Name | Andrew St. |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 14 |
| Listing Provided By | Luxe Home Town Realty Inc | Isha Sachdeva |
Features
| SQ Feet | 5,500 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Zoning | C1 |
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | City Lot, High Traffic Area, Visual Exposure |
|---|
Utilities
| Sewer | Other |
|---|
Taxes
| Tax Annual Amount | 12121.26 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Wellington |
| City | Fergus |
| Postal Code | N1M 1N5 |
| Area | Centre Wellington |
| Subarea | 53 Fergus |
| Community Name | 53 Fergus |
| Listing VS Median (in 53 Fergus) | |
Price: $1,799,000 low | high Med: $849,000 sqft: 5,500 low | high Med: 1,785 $ / sqft: $327 low | high Med: $476 On site: 14 low | high Med: 27 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Wellington |
| City | Fergus |
| Postal Code | N1M 1N5 |
| Area | Centre Wellington |
| Subarea | 53 Fergus |
| Community Name | 53 Fergus |
| Listing VS Median (in 53 Fergus) | |
Price: $1,799,000 low | high Med: $849,000 sqft: 5,500 low | high Med: 1,785 $ / sqft: $327 low | high Med: $476 On site: 14 low | high Med: 27 | |
