ON > Cambridge
Cambridge, ON N1R 1W1,89 Main Street
Cambridge, ON N1R 1W1,89 Main Street
Cambridge, ON N1R 1W1,89 Main Street
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Listed by Sy Williams • Corcoran Horizon Realty
$4,999,900
Est. payment /mo
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37,404 SqFt
Active

89 Main Street Cambridge, ON N1R 1W1

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

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Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 37,404 sqft

Price per Sqft $133

MLS Listing ID 40749288

Abv Grd Liv Area 37,404

Annual Tax Amount $33,797

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Mixed,Building and Land

Source Waterloo Region

Property Description

Prime Investment Opportunity 89 Main St, Cambridge! Located in the heart of downtown Cambridge, 89 Main St presents a fantastic investment opportunity with high potential for strong returns. This well-maintained property offers a total of 37,404 sq ft, with 33,176 sq ft of leasable space, including a 6,064 sq ft large open basement that was previously used as a public recreational and entertainment space ideal for creative re-use or tenant customization. The building was fully renovated and updated when it was acquired, including upgrades to major building systems. At that time, it was thoughtfully converted into a multi-tenant retail property, offering multiple commercial units with strong retail exposure. This setup is ideal for investors seeking to diversify their portfolio or establish a steady rental income stream. Anchored by two nationally recognized brand-name tenants on long-term leases, this property ensures stability and consistent cash flow. Positioned in a high-exposure, high-foot-traffic area, the building enjoys excellent visibility on one of the city's most vibrant and traveled streets. With an excellent cap rate and a highly competitive cost per square foot, this property stands out as a smart, value-driven acquisition. Surrounded by established businesses, restaurants, and amenities, its perfectly situated to attract both tenants and customers. Don't miss out on this rare opportunity to own a commercial gem in one of Cambridges most sought-after locations.

Location

Province ON

County Waterloo

Area 12 - Galt East

Zoning C1RM1

Direction Water St N to Main St

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Fibre Optics, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights

Lot Frontage 134.8

Lot Depth 112.26

Garage No

Building

Lot Description Rectangular, City Lot, High Traffic Area, Visual Exposure

Faces Water St N to Main St

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Masonite/Colourlock,Metal/Steel Siding

New Construction No

Others

Senior Community No

Tax ID 038160782

Ownership Freehold/None

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Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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