Description

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#

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