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$1,550,000
Status: For Sale
Nestled in the vibrant heart of downtown Galt, this stunning two-story building presents a unique opportunity for investors and entrepreneurs alike. Located adjacent to the prestigious University of Waterloo School of Architecture, and within walking distance to the bustling Gaslight District and the popular Hamilton Family Theatre, this property is surrounded by the stunning architecture of older churches, adding to its historic charm. It is also just steps away from the Cambridge Library, enhancing its appeal with easy access to valuable resources and community services. Currently operating as a thriving business centre, the building features up to 15 separate units, making it a versatile space ideal for both budding startups and established enterprises. Each unit is designed with functionality in mind, offering flexible spaces that can adapt to a variety of business needs. Zoned C1RM1, the property affords a multitude of uses, including retail, office space, and service industries, allowing for a tailored approach to business development. Its proximity to local amenities such as shops, cafes, cultural landmarks, and entertainment venues like the Gaslight District and Hamilton Family Theatre, further enhances its attractiveness to potential tenants seeking convenience and exposure. Highlights of this property include: High visibility in a high-traffic area, Versatility with 15 potential income-generating units, Broad zoning possibilities catering to a range of business ventures This property is an excellent investment for those looking to capitalize on the continuous growth and development of the Galt area. A rare find, this building offers both the charm of a historic district and the entrepreneurial spirit of a modern business hub.
Property Type | :Commercial Sale |
MLS Number | :40604047 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :10 Jul, 2024 (70 Days ago) |
Source | :Waterloo Region |
Area | :Waterloo |
City | :Cambridge |
Area Major | :11 - Galt West |
Area Minor | :10 - Victoria |
Postal Code | : N1S 1H6 |
Directions | :QUEEN SQUARE DOWNTOWN CAMBRIDGE BETWEEN GRAND AVE S AND MELVILLE ST S |
Price | : $1,550,000 |
Property Taxes | :$14310 |
Tax Year | :2023 |
Bedrooms | :0 + |
Air Conditioning | :Central Air |
Heating | :Forced Air |
Place of Worship | :No |
Approx Square Footage | :4504 sqft |
Virtual Tour | :Virtual Tour (External Link) |
Bedroom | :1.32 m x 1.27 m |
Laundry | :0.48 m x 0.36 m |
Breakfast Room | :1.32 m x 0.84 m |
Kitchen | :1.35 m x 0.99 m |
Family Room | :6.07 m x 7.04 m |
Bedroom | :1.32 m x 0.84 m |
Bedroom Primary | :1.04 m x 0.84 m |
Living Room | :2.18 m x 1.27 m |
Bedroom Primary | :3.71 m x 6.32 m |
Living Room | :3.33 m x 3.23 m |
Parking Space | :6 |
Basement | :Full |
11 Jun, 2024
TREB #40604047
Listed
$1550000
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