292 ELGIN STREET N
Cambridge – Ontario
$5,500,000
MLS® Number X14140690 | Listing provided by: RE/MAX REAL ESTATE CENTRE INC. | Powered byREALTOR.ca
About this property
Rare opportunity to acquire a substantial income-generating property situated on 2.85 acres of land in Cambridge. Featuring an existing building of approximately 10,800 sq. ft., the property is **zoned M5 (with site-specific zoning provisions)** and currently generates approximately **$20,000 in monthly rental income** from multiple tenants. An excellent opportunity for investors seeking an established income-producing asset with significant land area and potential for future value enhancement, The property offers a combination of existing rental income, substantial building space and a large landholding, making it an attractive addition to an investment portfolio.**The property is being sold in as-is condition.** Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, building condition, leases, rental income and future development potential. Don't miss this opportunity to acquire a substantial commercial investment property in Cambridge. (id:66549)
Details
- Size
- 9,600 sq ft
- Property type
- Other
- Heating
- Forced air
- Postal code
- N1R7H9
- MLS® Number
- X14140690
- Status
- For Sale
Features
- Air Conditioning