695-715 Coronation Blvd - Medical FOR SALE


Cambridge, ON N1R 7R1- Outer Preston Core
$9,490,000 CAD
519-496-2211

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$9,490,000 CAD
Medical - FOR SALE
null | Request Cap Rate

695-715 Coronation Blvd
Cambridge, ON N1R 7R1
Outer Preston Core


HIGHLIGHTS

  • Ample Parking
  • High Exposure location
  • Access to public transit and highway

OVERVIEW

Exceptional investment opportunity featuring 36,299 sf of premium commercial space across three separate buildings in a prime location. Situated directly across from Cambridge Memorial Hospital, this nearly fully leased property boasts a strong net operating income with a tenant mix primarily consisting of medical professionals. With built-in growth potential and additional income opportunities, this property presents an ideal opportunity for investors seeking stable returns with upside potential.

FOR SALE DETAILS

PRICE

$9,490,000 CAD

PRICE/SF

$261 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coronation Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Drug Store, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

C-2

APN/PARCEL ID

300603001104200,300603001104201,300603001104205

ASK ABOUT THIS PROPERTY

Nick PecarskiCBRE, LimitedMore Info
519-496-2211

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Nick PecarskiCBRE, LimitedMore Info
519-496-2211

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