$874,900
Cornwall
27 FIRST Street East, Cornwall, Ontario, K6H1K5
This retail property in Cornwall is for sale offering roughly 11,206 sq ft of space. It has been on the market 21 days, fresher than the Cornwall average of 79 days.
What if one of Downtown Cornwall's most recognizable buildings became its next great business destination? Welcome to 27 First Street East, home to Kastner's for more than 70 years and now ready for an entirely new chapter. With over 11,000 square feet of space, including approximately 7,000 square feet of retail area, this is an opportunity to think beyond a single storefront. Imagine transforming the building into professional suites for law firms, accountants, financial advisors, insurance brokers or other businesses looking for a prominent downtown address. Picture a welcoming café or restaurant at street level, boutique retail along the frontage, and professional offices bringing activity throughout the day. Perhaps it's a shared business centre with private offices and meeting rooms, a wellness destination bringing complementary services together, or a combination of retail, hospitality and workspace. One building. Multiple businesses. A whole new reason for people to visit downtown. With CBD zoning and a substantial footprint, investors and entrepreneurs have the opportunity to explore a variety of commercial concepts, along with potential residential or mixed use redevelopment. Located among downtown Cornwall's established shops, restaurants and professional services, this property offers the space and location to create something truly special. Kastner's has been part of Cornwall's story since 1953. Generations have walked through these doors, and now someone new has the chance to make their mark. Whether you're looking to establish your own business, create space for multiple tenants or bring an entirely new concept to life, the opportunity is yours to shape. The building has a history. **The future is wide open.** Buyers to verify measurements, permitted uses, division potential and redevelopment requirements with the City of Cornwall. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 79 days across the listings currently for sale in this city
This retail in Cornwall has been listed for 21 days, which is 58 days fresher than the city average of 79. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $874,900, about 14.3× the local median household income of $61,200.
Carrying it typically needs a household income of about $170,899 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.
Source: Statistics Canada, 2021 Census (FSA K6H)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →


