$319,900

About this listing

Versatile and full of potential, this high-visibility corner property in Shakespeare presents a unique opportunity for investors, entrepreneurs, or those exploring a return to residential living. Formerly home to a well-known local business, the property combines historic charm with functional commercial space and excellent exposure along Perth Road 107. Set on a corner lot with ample street parking, the property is currently zoned C1, allowing for a wide range of permitted uses. The existing building features character details such as the original staircase and includes three upper-level bedrooms, offering flexibility for mixed-use or residential conversion. With natural gas heating, municipal sewer, and essential services already in place, the groundwork is set for a variety of future possibilities. Given the prominent location and lot size, there is also strong potential for redevelopment. A new Buyer could make this their home with some updates throughout or others may wish to remove the existing structure to make way for a new custom home or commercial building, with the opportunity for a new owner to explore zoning amendments or changes to suit their vision. Ideally situated just minutes from Stratford and Tavistock, and within comfortable commuting distance to Kitchener-Waterloo, this property offers exceptional exposure and long-term potential in a growing community.

Property details

Price per sqft

$249

Days on market

69 days

Property taxes

$1,380/yr (2025)

Lot size

77.88 × 93.4 Feet

Heating

Gas Forced Air Closed

Cooling

Yes

Approximate age

100+

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