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    For Sale - 729 Devonshire Avenue, Woodstock, Ontario

    Est payment $20,168/mo
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    Time on Jump  2 day

    AI Summary *

    • Established medical plaza with 100% occupancy and stable income.
    • Four separately leased units offering diverse tenancy options.
    • Substantial 1.2-acre lot allows for future expansion potential.
    • Prime location on Devonshire Avenue with great visibility and access.
    • Investment opportunity with strong capitalization rate of 6.5%.




    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.
    Listing IDX14099494
    Address729 Devonshire Avenue
    CityWoodstock, Ontario
    Price$4,200,000
    StyleCommercial Retail
    Land Size52786.17
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Closed

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    Listing Brokerage: Century 21 Heritage House Ltd Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    729 Devonshire Avenue
    Woodstock , Ontario
    $4,200,000
    Get more info