676 Lorne Avenue E, Stratford, ON

$2,199,000

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About 676 Lorne Avenue E

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.

Features of 676 Lorne Avenue E

MLS® # X13782412
Price $2,199,000
Bathrooms 0.00
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 676 Lorne Avenue E
Area Perth
Subdivision Stratford
City Stratford
Province ON
Postal Code N5A 6S5

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Yes
Fireplace No

Listing Details

OfficeROYAL LEPAGE FLOWER CITY REALTY

Listing Map