Sold $7,350,000.00 - Investment, Office, Retail, Shopping Centre View Property Brochure
226 First Ave. East, Shelburne | For Sale – Commercial Plaza
Great investment opportunity in the active growing community of Shelburne. This well established and fully tenanted 38,593 SF plaza (additional mezzanine space in Unit 1) is central to the downtown core and provides a wide variety of services and shopping on this 2.45 acres site. Multiple street access points and excellent paved parking for approximately 150-165 cars make this plaza ideal for both foot traffic, neighbourhood access and destination travel alike. Anchored by Giant Tiger and Dollar Tree, this is a sought after and well patronized retail plaza and strategic long term investment. Additional stores include Global Pet Food, a thrift shop, laundromat, nail salon and auto service centre. Zone C-2 Mixed Use Commercial allows for a broad range of services and retail uses. This property represents a strong value investment as current rents are below market value and tenants have a long tenure supported by a proven strong covenant.
For more information, please contact:
Stewart Campbell | Sales Representative, Senior Vice President
As a market leader, Cushman & Wakefield Waterloo Region offers a full range of commercial real estate brokerage services to property owners, tenants and buyers serving Waterloo, Kitchener, Cambridge, Guelph and on a regional, national and international level. The depth of knowledge and experience of our commercial brokerage team enables us to complete a single transaction as easily as a multiple-building acquisition.
Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit Our Services or follow us on Linkedin.
