1 Sherbrooke ST E Active

Lanark,ON K7H 1A1

$ 5400000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision 907 - Perth

MLS Listing ID X12470255

Annual Tax Amount $15,355

Tax Year 2025

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Lanark

Community 907 - Perth

Area Lanark

Interior

Cooling Partial

Exterior

Utilities Available Available

Others

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