Description

Price : $588,000.00 MLS^® : X12088363 473 Dundas Street, Woodstock, ON N4S 1C2

Excellent opportunity to own a mixed- use commercial building in the heart of downtown Woodstock. This property consists of 3 levels of approximately 3800 sq feet above grade as well as a completely finished basement. The current owner has started renovations on the upper floor. On this level there is a complete studio apartment with separate access which is currently vacant. There is a second area on the upper floor, with separate entrance from the front of the building, which offers plenty of natural light and endless possibilities for development, such as a second apartment or multiple types of commercial, retail or office space. The building boasts 6 washrooms in total. The main floor and finished basement are currently occupied by an A+++ tenant who is utilizing this space as a fitness studio. Lease expires September 2025. Upgrades to building include: roof with membrane (2017), furnaces and A/C units (2017) main floor has a heat pump system, interior LED lighting (2021). The City has begun construction of The City Community Improvement Plan (CIP) to enhance the downtown core. See more details at https://www.cityofwoodstock.ca/en/city-governance/downtown-streetscape-masterplan.aspx#

Location Description

Riddell St.

Property Details

• Community: Woodstock - North
• Property Type: Tenant/Commercial
• Garages: None
• Annual Property Taxes : $ 7500

Building Features

• Parking Type : None

Features

• Heating : Gas Forced Air Closed

Land (Lot Features)

• Frontage: 18.9 sq.ft
• Land Depth: 101sq.ft

Listing Contracted With: Re/Max a-b Realty Ltd Brokerage