Discover this exceptional mixed use retail and multifamily property. This asset offers a seamless blend of ground-floor retail spaces and upper-level residential units and has three owned parking spaces located directly behind the building. Each residential unit has in-suite laundry and features separate meters for utilities. Pedestrian-friendly and known for its vibrant atmosphere, annual summer street closures for outdoor dining and events, and proximity to shops, restaurants, rapid transit, and amenities. A pillar in the Community Core known for its historic roots, this building is located in the heart of the city’s plan for intensification and growth. With an impressive ROI and cap rates, this property delivers a competitive value and offers a strong yield. This mixed-use gem stands out as a resilient, low-risk opportunity with potential for value add enhancements. Don't miss this chance to capitalize on this investment opportunity. (id:4069)
Address
30 MAIN Street
List Price
$1,895,000
Property Type
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Cambridge
Floor Area
3,765 Sq. Ft.
MLS® Number
40795961
Listing Brokerage
PEAK REALTY LTD.
Basement Area
Partial
Postal Code
N1R1V4
Zoning
FC1RM1
Site Influences
Public Transit
