24 Queens Square Cambridge, Ontario N1S 1H6

$1,599,900

Nestled in the vibrant heart of downtown Galt, this stunning two-story building presents a unique opportunity for investors and entrepreneurs alike. Located adjacent to the prestigious University of Waterloo School of Architecture, and within walking distance to the bustling Gaslight District and the popular Hamilton Family Theatre, this property is surrounded by the stunning architecture of older churches, adding to its historic charm. It is also just steps away from the Cambridge Library, enhancing its appeal with easy access to valuable resources and community services. Currently operating as a thriving business centre, the building features up to 15 separate units, making it a versatile space ideal for both budding startups and established enterprises. Each unit is designed with functionality in mind, offering flexible spaces that can adapt to a variety of business needs. Zoned C1RM1, the property affords a multitude of uses, including retail, office space, and service industries, allowing for a tailored approach to business development. Its proximity to local amenities such as shops, cafes, cultural landmarks, and entertainment venues like the Gaslight District and Hamilton Family Theatre, further enhances its attractiveness to potential tenants seeking convenience and exposure. Highlights of this property include: High visibility in a high-traffic area, Versatility with 15 potential income-generating units, Broad zoning possibilities catering to a range of business ventures This property is an excellent investment for those looking to capitalize on the continuous growth and development of the Galt area. A rare find, this building offers both the charm of a historic district and the entrepreneurial spirit of a modern business hub. The seller is willing to entertain a VTB first mortgage, 65% LTV at 3.99% for 1 year. (id:39551)

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https://www.realtor.ca/real-estate/26807800/24-queens-square-cambridge