$850,000

58 Beech Avenue

Cambridge ON, N3C 1X5

Description

SAVVY INVESTOR OPPORTUNITY!! Zoned C-2, this huge CORNER LOT in a thriving RESIDENTIAL neighbourhood allows for MIXED-USE commercial and up to 2-storey loft residential! Comprehensive research available upon request regarding the potential for rezoning to R-3 RESIDENTIAL. It's currently operating as a popular 140 seat turn-key licensed restaurant with a dedicated parking lot, plenty of street parking and a storage shed outside for BBQ smoker's or grounds-keeping equipment. There's even room to ADD A PATIO! There's also a FULL 1800 SQFT BASEMENT with plenty of STORAGE SPACE, a WALK-IN COOLER, ADDITIONAL TABLE SEATING, an OFFICE and 2 MORE WASHROOMS as well!! You've seen the market lately, right? Get out of the rat race and SEIZE THIS OPPORTUNITY to BUILD YOUR OWN DREAM in the heart of an established and thriving area of Cambridge! *** NOTE: Large-scale renovations done in 2016. Rental Items Include: Water Softener, Water Heater, Glass Washer, Dish Washer. ***See Supplements for detailed room measurements.

Details

MLS#40069232
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1948
Days On Site10

Features

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Area Information
ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN3C 1X5
Area14 - Hespeler
Listing VS Median (in N3C 1X5)
Price:
$850,000
low | high
Med:
$850,000
50% of Average
On Site:
10
low | high
Med:
10
100% of Average
Listing Updated: February 28, 2021 8:00:39 PM PST
BRENDA SCHUILING LogoMLS Number: 40069232
Listing Provided By:
BRENDA SCHUILING  of  THE VANCOR GROUP REAL ESTATE BROKERAGE INC.
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