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. (id:67197)

Price

$1,999,999

Property Type

Retail

Transaction Type

For sale

MLS® Number

X13782412

Interior Size

2 ac

Cooling

Fully air conditioned

Fireplace

No

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

2 ac

Water

Municipal water

Size Total

1.565 ac

Size Frontage

211 ft ,4 in

Size Depth

322 ft ,9 in

Acreage

Yes

Sewer

Sanitary sewer