Prime opportunity in the heart of Cambridge Preston Downtowna high-exposure location surrounded by established businesses, steady pedestrian traffic, and a full range of amenities. This solid 1989-built commercial building offers approximately 1,850 sq. ft. of total above ground space and is zoned C2RM3, allowing for Commercial, Residential, or Mixed-Use applications. It’s an excellent fit for investors, business owners, or those seeking a flexible live-work configuration. Previously used as a dental lab, the property is now vacant and ready for customization, providing an adaptable footprint for retail, office, studio, service business, or a new owner’s tailored vision. The main floor features an open-concept layout with one washroom, ideal for retail or client-facing operations. The second floor includes three rooms and one washroom, suitable for office suites, treatment rooms, or potential residential conversion. The basement offers additional storage space with a bathroom rough-in, adding further development potential. Recent updates include: Roof (2019) Furnace (2020) Water Softener (2019) Three main-floor windows repaired (two at the front entrance and one facing the rear parking area) & New electric Panel (2022) * Air conditioner Unit (2023). The property also provides ample rear parking, a valuable advantage in the downtown core. With its strategic downtown location, strong zoning flexibility, and adaptable interior layout, this property presents an exceptional opportunity for a wide range of commercial or mixed-use uses in one of Cambridge’s most vibrant and growing districts. Property is being sold in As-Is condition. (id:13843)
| MLS # | 40803776 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Year | 1989 |
| Days On Site | 186 |
| Listing Provided By | SOLID STATE REALTY INC. | RICHARD PAN |
| SQ Feet | 1,848 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | C2RM3 |
| Acreage | 0.08 |
| Lot Features | Visual exposure, Paved driveway |
|---|
| Parking Total | 5 |
|---|
| Tax Annual Amount | 7240.49 |
|---|
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H3P8 |
| Community Name | 53 Preston South |
| Listing VS Median (in 53 Preston South) | |
Price: $730,000 low | high Med: $702,500 sqft: 1,848 low | high Med: 1,729 $ / sqft: $395 low | high Med: $407 On site: 186 low | high Med: 112.5 | |
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H3P8 |
| Community Name | 53 Preston South |
| Listing VS Median (in 53 Preston South) | |
Price: $730,000 low | high Med: $702,500 sqft: 1,848 low | high Med: 1,729 $ / sqft: $395 low | high Med: $407 On site: 186 low | high Med: 112.5 | |