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Listed by Dylan Stewart • Real Broker Ontario Ltd.
$ 1,750,000
Est. payment /mo
Active
40 Main Street Cambridge, ON N1R 1V4
4,300 SqFt
UPDATED:
11/20/2024 05:49 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $406
MLS Listing ID XH4196827
Abv Grd Liv Area 4,300
Originating Board Hamilton - Burlington
Annual Tax Amount $4,231
Property Description
Welcome to 40 Main Street. This incredible investment opportunity offer 3 income streams with a potential 4th (main floor can be divided into 2 separate units instead of one because the building offers both front and rear entrances). With a fully equipped and operating main floor unit store "The Healthy Rabbit" which can seat 12 in and 25 out + 2 separate fully remodelled residential units, each offering 1 bed, 1 bath, separate entrance, private laundry, separate heating/cooling and separate hydro meters ! Located in the heart of Cambridge in the highly sought out and desirable store and tenant access. The Healthy Rabbit can be purchased and assumed with menu and staff in addition to the building! A fantastic business that boasts a menu focusing on both sustainability from local farmers while serving healthy and delicious dishes. Not only can you get this amazing business, but it you will also get 2x, 1-bedroom units fully equipped and tenanted. This building that was fully renovated from top to bottom in 2021 is located in a prime location, offering easy access to the local community, businesses and all amenities. The property is equipped with ample parking spaces for both residents and customers. This is an excellent opportunity for anyone looking to generate passive income while owning a well established restaurant.
Location
Province ON
County Waterloo
Area 12 - Galt East
Zoning FC1RM1
Direction From Water St S to Main St
Interior
Heating Electric Forced Air, Gas Forced Air Open
Fireplace No
Exterior
Garage Outside/Surface, On Street
Utilities Available Yes
Waterfront No
Lot Frontage 14.4
Lot Depth 170.28
Garage No
Building
Lot Description Urban, Rectangular, Public Transit
Faces From Water St S to Main St
Sewer Sanitary & Storm
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 038150132
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