$950,000 FOR SALE

Commercial/Retail

Lot: 51 x 110 ft

10 Glebe Street
Cambridge, ON N1S 2P1

This commercial residential building is right in the heart of The Gaslight District! Literally across the street. The main level commercial space has been a thriving hair salon for decades and there is a large 2-bedroom unit apartment above. MAIN LEVEL; This would be a great opportunity for a beauty professional to owner occupy this turn key hair salon business and live in the apartment or rent it out for the added income. There is parking in the back with 4 dedicated spots and the driveway could easily accommodate another three vehicles. Plenty of street front parking too. The property is zoned C1RM1 which allows for many different types of businesses and also the opportunity to build more units. In 2020, the owners were considering adding on to the property and had an architectural concept designed for the property to build an additional 7 apartments (would be subject to approval). Buyer must do their own due diligence. APARTMENT LEVEL; Separate back private entrance with a large deck, eat-in kitchen, living room with sliders to a balcony, two good size bedrooms, a full washroom with skylight and a storage/utility/laundry room. There is also a large storage shed at the back of the building. With The Gaslight District as a neighbor your future business would have amazing exposure to a huge population of potential clients. Steps from The Hamilton Family Theatre, U of W School of Architecture, River trails, shopping, restaurants, parks and public transit. (id:47423)

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Listed By RE/MAX TWIN CITY REALTY INC., Brokerage
Data Provided By Waterloo Region Association of REALTORS®
MLS® Listing Number 40562568
Last Updated Apr 10, 2024
Property Summary
Property Type Commercial/Retail

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Price History
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Detailed Information
Lot 51 x 110 ft
Amenities Nearby Hospital, Public Transit, Schools
Community Features High Traffic Area
Listing Contract Date 2024-04-02
Location Description St. Andrews Street
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description C1RM1
Building
Basement Type None
Constructed Date 1960
Exterior Finish Stucco, Vinyl siding
Stories Total 2
Size (Exterior) 2000
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Hospital, Public Transit, Schools
Sewer Municipal sewage system

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