$1,599,900 FOR SALE

Office

Lot: 73 x 0 ft

24 Queens Square
Cambridge, ON N1S 1H6

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. The seller is willing to entertain a VTB first mortgage, 65% LTV at 3.99% for 1 year. (id:47423)

Share

Listed By RE/MAX REAL ESTATE CENTRE INC. Brokerage-3, RE/MAX REAL ESTATE CENTRE INC., Brokerage
Data Provided By Waterloo Region Association of REALTORS®
MLS® Listing Number 40578674
Last Updated Apr 26, 2024
Property Summary
Property Type Office

More like this:
Subdivision 10 - Victoria
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 73 x 0 ft
Amenities Nearby Public Transit
Features Visual exposure, Paved driveway
Listing Contract Date 2024-04-26
Location Description QUEEN SQUARE DOWNTOWN CAMBRIDGE BETWEEN GRAND AVE S AND MELVILLE ST S
Ownership Type Freehold
# of Parking Spaces 6
Property Type Office
Signage Directory Board
Transaction Type For sale
Zoning Description FC1RM1
Building
Basement Type Full
Exterior Finish Brick
Foundation Type Stone
Stories Total 2
Size (Exterior) 4504
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Public Transit
Sewer Municipal sewage system

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.