35 Lorne Avenue E Active Save Request In-Person Tour Request Virtual Tour
Stratford,ON N4Z 1A1
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40697901
Originating Board Mississauga
Annual Tax Amount $3,523
Property Sub-Type Commercial
Property Description
**HOTEL DEVELOPMENT OPPORTUNITY**
Beechwood Real Estate Advisors, Brokerage Inc. (“Beechwood”), in its capacity as advisor and agent to Rambri Management Inc. (the “Vendor”), is pleased to offer for sale a hotel development site (the “Site”) approved for a 100-room Holiday Inn Express Hotel at 35 Lorne Avenue East in Stratford, Ontario.
The Site is approximately 1.8 acres (7,181.6 m2) and located on the southeast side of Lorne Avenue East and Erie Street. The Site is a shovel-ready development with permit approved drawings. A Record of Site Condition and a Certificate of Property Use have been issued for the Property. Risk Management Measures have been outlined by the Ministry of the Environment and the Vendor has commission reports that outline compliance measures and estimated costing.
The Site is located at the southwest entrance into Stratford, a city located along the scenic Avon River within Perth County, known for its rich agricultural community and diverse heritage and culture.
Immediately west is a vacant site of approximately 1.5 acres (6,118.4 m2) that is also available for sale by the Vendor.
**PLEASE CONTACT LISTING AGENT FOR MORE INFO INCLUDING ACCESS TO VIRTUAL DATA ROOM**
Location
Province ON
County Perth
Area Stratford
Zoning I-2
Direction Located on the southeast side of Lorne Avenue East and Erie Street in Stratford, ON.
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Available,Natural Gas Available,Phone Available
Lot Frontage 243.8
Garage No
Building
Lot Description Urban,Ample Parking,High Traffic Area,Industrial Park,Visual Exposure
Faces Located on the southeast side of Lorne Avenue East and Erie Street in Stratford, ON.
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 532720228
Ownership Freehold/None