Rare Redevelopment Opportunity: Business Hub with Residential Potential in Preston. Looking for a strategic location for your business with an eye on future growth? This substantial 4,000 sq ft shop/warehouse in Preston, Cambridge, presents a unique offering. Situated on a quiet, dead-end street, this property isn't just a practical and affordable home base for your business; it encompasses two lots within a registered plan of subdivision, opening up possibilities for future residential redevelopment. The expansive 0.38-acre parcel provides a deep, flat lot with ample room for growth, storage, and easy vehicle access. Its current M2 industrial zoning allows for a wide range of uses, making it an ideal fit for various businesses. Inside, the approximately 4,000 sq ft building spans three levels, highlighted by a spacious and open third-floor loft with high ceilings – a versatile space for countless applications. The site is fully fenced, ensuring secure parking and convenient outdoor storage. Ground-level double swing-open doors facilitate easy loading and unloading. Additional features include forced air gas heating, a roughed-in kitchenette, and two bathrooms. Located adjacent to Otto Klotz Park and directly across from a neighbourhood playground, this property offers an excellent blend of accessibility, parking, and privacy. Don't miss this rare chance to secure a property with both business utility and long-term redevelopment potential. Contact your Realtor today to arrange a viewing and explore the possibilities this unique property holds for your business and beyond. (id:47421)
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Detailed Information
Lot
92 x 166 ft
Amenities Nearby
Public Transit, Schools
Listing Contract Date
2025-02-26
Location Description
Dead end section of Garden Street beside Otto Klotz Park
Ownership Type
Freehold
Property Type
Industrial
Transaction Type
For sale
Zoning Description
M2
Building
Basement Type
Crawl space
Exterior Finish
Stone, Steel
Stories Total
3
Size (Exterior)
3960
Utility Water
Municipal water
Land
Total Size
0.377 acres
Amenities
Public Transit, Schools
Fence Type
Fenced yard
Sewer
Municipal sewage system
Size of Irregular Land
0.377
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