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507 MAIN Street E Unit# B, Cambridge, Ontario, N1R 5S7

MLS® # 40647968
Commercial For Sale In Eastview, Cambridge, Ontario
$199,000
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
507 Main Street E Unit# B, Cambridge, ON
  • Advertising

MULTIMEDIA

ACTIVE
507 MAIN Street E Unit# B, Cambridge, Ontario, N1R 5S7
$199,000

Property Information:

Turn Key business solution with 50 years serving the Cambridge Community, is now available for sale. Owner(s) can stay on part-time as business transitions to the new owner(s) and if the new ownership need assistance. The reason for sale is the owners are ready to retire but would like to leave the business in good hands. Great clientele built up over the years have made this business successful. Location is in the heart of the densely populated residential & commercial retail market. New lease available, total lease space is 1,000 square feet at $2,250.00 per month plus TMI and HST. Great return on investment, come see for yourself. Financials will be provided under sales contract to serious buyer only after touring the business. Professionally renovated and ready for a new owner(s). Area location anchored by A&W, Zehrs, Beer Store, LCBO. Ample client parking. Business is ready for a new owner. Great return on investment, come see for yourself. Professionally renovated. Seller willing to hold financing based on OAC terms will be negotiated fairly. (id:27)

Building Features:

  • Style: Business
  • Basement Type: None

Property Features:

  • Property Type: Business
  • Amenities Nearby: Public Transit, Shopping
  • Community Features: High Traffic Area
  • Features: Corner Site, Visual exposure
  • Zoning: C2

Courtesy of: RE/MAX TWIN CITY REALTY INC., BROKERAGE

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 507 MAIN Street E Unit# B, Cambridge, Ontario, N1R 5S7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 507 MAIN Street E Unit# B , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 507 MAIN Street E Unit# B , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 394.5mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
394.5mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 507 MAIN Street E Unit# B, Cambridge, Ontario, N1R 5S7

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$110,276.13

Average Number of Children

1.86

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.92 %

High school certificate or equivalent

36.28 %

Apprenticeship trade certificate/diploma

4.65 %

College/non-university certificate

22.54 %

University certificate (below bachelor)

0.35 %

University Degree

15.27 %

Commuter

Travel To Work

By Car

92.04 %

By Public Transit

2.62 %

By Walking

1.41 %

By Bicycle

0.0 %

By Other Methods

3.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.43 %

Houses

76.57 %

Own Vs. Rent

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