729 Devonshire AVE, Woodstock, ON N4S 5R3
729 Devonshire AVE, Woodstock, ON N4S 5R3
729 Devonshire AVE, Woodstock, ON N4S 5R3
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Christine Domina

Christine Domina

Christine Domina - Real Estate Smarts

+1(416) 873-4747
$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

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Listed by Century 21 Heritage House Ltd Brokerage

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor License ID: 9603994

Realtor License ID: 9603994

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