1 Sherbrooke Street E, Perth, ON K7H 1A1

Perth K7H 1A1 Ontario

MLS: X12470255

$5,400,000

Added 17 hours ago | For Sale

Listed by: REAL BROKER ONTARIO LTD.

About Property

Just steps from Perth's historic downtown, The Old Perth Shoe Factory offers 45,000 sq. ft. of beautifully restored mixed-use commercial space. Built in 1905, this architecturally significant landmark once served as a cornerstone of Perth's industrial heritage and has been thoughtfully transformed into a vibrant hub for modern commerce. Its exposed brick walls, polished concrete floors, and soaring ceilings highlight the building's timeless character and craftsmanship. Several stable tenants are in place, providing immediate income, with four additional spaces - including two on the ground floor - available for lease to enhance returns. Supported by strong local demand and long-term rental potential, this is a great mid-sized commercial opportunity offering turnkey stability, income growth, and enduring historic charm in one exceptional property.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 499.7 X 0
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:North Street
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $15355
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12470255

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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