89 Main Street, Cambridge, ON N1R 1W1

  • $5,500,000
89 Main Street, Cambridge, ON N1R 1W1
Active For Sale
89 Main Street, Cambridge, ON N1R 1W1
89 Main Street, Cambridge, ON N1R 1W1
  • $5,500,000

Description

Prime Investment Opportunity 89 Main St, Cambridge! Located in the heart of downtown Cambridge, 89 Main St presents a fantastic investment opportunity with high potential for strong returns. This well-maintained property offers a total of 37,404 sq ft, with 33,176 sq ft of leasable space, including a 6,064 sq ft large open basement that was previously used as a public recreational and entertainment space ideal for creative re-use or tenant customization. The building was fully renovated and updated when it was acquired, including upgrades to major building systems. At that time, it was thoughtfully converted into a multi-tenant retail property, offering multiple commercial units with strong retail exposure. This setup is ideal for investors seeking to diversify their portfolio or establish a steady rental income stream. Anchored by two nationally recognized brand-name tenants on long-term leases, this property ensures stability and consistent cash flow. Positioned in a high-exposure, high-foot-traffic area, the building enjoys excellent visibility on one of the city’s most vibrant and traveled streets. With an excellent cap rate and a highly competitive cost per square foot, this property stands out as a smart, value-driven acquisition. Surrounded by established businesses, restaurants, and amenities, its perfectly situated to attract both tenants and customers. Don’t miss out on this rare opportunity to own a commercial gem in one of Cambridges most sought-after locations.

Details

MLS® Number
X12179198
Property Size
37404 Sqft
Updated on June 7, 2025 at 4:14 pm

Additional details

  • Utilities: Yes
  • Cooling: Yes
  • County: Waterloo
  • Property Type: Commercial Sale
  • Community Features: Public Transit

Address

  • Address 89 Main Street
  • City Cambridge
  • State/county ON
  • Zip/Postal Code N1R 1W1

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay