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$5,400,000
Available - For Sale
Listing ID: X12470255
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.
Price $5,400,000
Taxes: $15,355
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Partial
Address: 1 Sherbrooke Street East , Perth, K7H 1A1, Lanark
Postal Code: K7H 1A1
Province/State: Lanark
Directions/Cross Streets: North Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Industrial
Building Percentage: T
Total Area: 45,000
Total Area Code:  Square Feet
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Maintenance: 0
Sprinklers: Yes
Heat Type: Other
Central Air Conditioning: Partial
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1 Sherbrooke Street East , Perth, K7H 1A1, Lanark


 
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Type: Com - Investment
Area: Lanark
Municipality: Perth
Neighbourhood: 907 - Perth
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Tax: $15,355
Maintenance Fee: $0
Beds: 0
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Fireplace: N
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