REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$4,200,000
Est. payment /mo
52,781 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 52,781 sqft
Price per Sqft $79
Subdivision Woodstock - North
MLS Listing ID X14099494
Annual Tax Amount $40,871
Tax Year 2026
Lot Size 1.212 Acres
Property Sub-Type Commercial Retail
Property Description
Exceptional investment opportunity to own one of Woodstock's established medical plazas! Located at 729 Devonshire Avenue, this fully leased, standalone professional medical building offers an attractive combination of immediate income, established tenancy, and long-term investment potential. Property generates string operating Income, representing a 6.5% capitalization rate. Situated on a substantial 1.2-acre parcel comprising approximately 52,786 sq. ft., the property features a 9,547 sq. ft. building divided into four separately leased professional spaces, measuring approximately 3,450 sq. ft., 2,920 sq. ft., and two units of 1,540 sq. ft. each. With 100% occupancy and lease terms ranging from two to five years, this investment provides an established income stream with future leasing opportunities. Strategically positioned along desirable Devonshire Avenue, surrounded by established residential neighbourhoods and conveniently accessible to major transportation routes, the property benefits from excellent visibility and a location well suited to healthcare and professional services. The generous lot size also presents potential opportunities for future expansion or redevelopment, subject to municipal approvals. As Woodstock and Oxford County continue to grow, established medical facilities remain an important part of the community's infrastructure. Whether expanding an existing commercial real estate portfolio or seeking a substantial income-producing asset, this property offers an opportunity to invest in Woodstock's future while benefiting from an established, fully tenanted investment today.
Location
Province ON
County Oxford
Area Oxford
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 246.48
Lot Depth 198.78
Others
Security Features Yes
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/729_devonshire_ave_woodstock_on/
Read Less Info
Listed by Century 21 Heritage House Ltd Brokerage
GET MORE INFORMATION




