Property Information:
Prime Development Opportunity Awaits - calling all investors, renovators, developers, end-users, professionals looking for mixed use space! Over 3,000 sq ft across 3 levels, positioned along one of Cambridge's fastest-growing corridors with the bus at your doorstep, 453 King St E offers exceptional mixed-use potential in a high-visibility location. Zoned C1RM2, this property supports a wide range of commercial and residential uses, with strong upside for investors and developers alike. Downtown Cambridge and King Street East is undergoing significant intensification, with multiple mixed-use and mid-rise developments proposed and also the Cambridge LRT extension/development reflecting the City's broader push toward higher-density, transit-supportive growth and vibrant main street communities. The property presents an excellent value-add opportunity, with potential to renovate into a 3-unit income-generating units and explore laneway garage development. Central Air. Separate hydro meters. Double Car parking at rear. Separate basement walk-up entrance. Surrounded by established amenities, transit, and quick access to Highway 8 and the 401, this location continues to attract both residential and commercial demand in a rapidly evolving market. Property being sold as-is, floorplan attached. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Other
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Basement Development:
Unfinished
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Basement Type:
N/A, N/A, N/A
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Exterior Finish:
Brick, Vinyl siding
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Floor Space:
1500 - 2000 sqft
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Foundation Type:
Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Dryer, Freezer, Stove, Washer, Refrigerator
