632-634 King St E - Storefront Retail/Residential FOR SALE


Cambridge, ON N3H 3N6- Preston Core
$1,490,000 CAD
519-585-2200
632-634 King St E, Cambridge, ON for Sale
$1,490,000 CAD
Storefront Retail/Residential - FOR SALE
1/37
null | 6.71% Cap Rate

632-634 King St E
Cambridge, ON N3H 3N6
Preston Core


HIGHLIGHTS

  • Turnkey property undergone comprehensive renovation
  • 1 commercial unit and 4 residential units on 2nd floor
  • Ideally located on King St in Cambridge Ontario

OVERVIEW

Fully turnkey and renovated investment opportunity located right in the heart of Preston, at 634 King Street in Cambridge, Ontario. This property boasts $100,000 in Operating Income with its 4 Brand New residential units and 1 Commercial main floor tenant. 4 additional parking spots are located across the laneway 122. Each tenant is responsible for their own utilities with commercial unit paying their share on property expenses.

FOR SALE DETAILS

PRICE

$1,490,000 CAD

PRICE/SF

$234 CAD /SF

CAP RATE

6.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C1RM2

APN/PARCEL ID

300610001711800

ASK ABOUT THIS PROPERTY

Ian CattrysseCushman & WakefieldMore Info
519-585-2200

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Ian CattrysseCushman & WakefieldMore Info
519-585-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.