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$ 449,900
Est. payment /mo
Price Dropped by $50K
503 MAIN Street Cambridge, ON N1R5S7
1,540 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1540
Square Footage 1,540 sqft
Price per Sqft $292
Subdivision 24 - Alison Park/Eastview North
MLS® Listing ID 40816998
Lot Size 5,619 Sqft
Acres 0.129
Property Sub-Type Freehold
Property Description
Prime commercial opportunity on a high-visibility stretch of Main Street in Cambridge, offering potential for renovation, redevelopment, or possible build-to-suit arrangements. This C2-zoned property features an approximately 1,600 sq ft boarded structure requiring substantial restoration, making it ideal for renovation or redevelopment. Previously used as a residential dwelling under legal non-conforming status, future use will be subject to current zoning. C2 zoning allows for a variety of commercial uses, with potential for mixed-use development including residential units above. Located on a fully serviced lot with excellent exposure and traffic, this property offers strong potential for investors, builders, or business owners. Seller may consider potential build-to-suit or redevelopment arrangements for qualified purchasers, subject to approvals and mutually agreed terms. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage No
Private Pool No
Building
Story 1.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Corcoran Horizon Realty