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38 Cambridge Street N Lindsay, Ontario K9V 4C5

Central Air Conditioning Forced Air

$1,599,900

This is an excellent opportunity to own this landmark 28,000 sq ft building in Downtown Lindsay with Mixed Residential Commercial zoning. This property is currently fully tenanted with excellent, longtime tenants with excellent reputations in the community. There is lots of free public street parking, and a public lot near. Due to its zoning, the possibilities for future projects are impressive. This property has been exceptionally well-maintained with many quality improvements. The main entry features a heated walkway, and secure entry to the ground floor foyer. Fully tenanted, the tenants are long time, well established, extremely well respected in the community with thriving businesses. The main floor is occupied by a long term fitness facility which has operated in the area for over 20 years. Upstairs has a long-term (over 20 years) primary tenant is a renowned dance studio in town, along with a fitness studio, a martial arts studio, and two tenanted offices. Natural Gas Heat and A/C in all units. There are even income generating microfit solar panels on the roof. 6 entrances to the property, 1 main entrance facing Wellington St, second floor fire escape and plenty of visible signage. Parking on property for tenants, and lots street and municipal parking steps away. The income on this property is impressive. Lindsay is one of the fastest growing communities and 38 Cambridge St N is perfectly located at the corner of Cambridge and Wellington, with plenty of both vehicle and foot traffic. One of the great draws of this location is its high visibility and the fact that it is steps from both Lindsay's bustling downtown and it's residential neighbours being located in Lindsay's desirable North Ward. This is an excellent opportunity to purchase such a popular landmark building with excellent investment and income value in Lindsay. Opportunities like this doesn't come around too often. Don't wait! (id:49800)

Property Details

MLS® Number 40365164
Property Type Other
Amenities Near By Airport, Golf Nearby, Hospital, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features High Traffic Area, Community Centre
Features Corner Site, Visual Exposure, Golf Course/parkland, Elevator, Solar Equipment
Parking Space Total 12
Sign Type Directory Board, Unknown, Signband

Building

Appliances Water Meter
Basement Type None
Ceiling Type Cathedral
Constructed Date 1910
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Metal
Fire Protection Smoke Detectors, Alarm System, Security System
Fixture Ceiling Fans
Flooring Type Carpeted, Concrete, Hardwood, Laminate, Linoleum
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 28000.0000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Airport, Golf Nearby, Hospital, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 160 Ft
Size Frontage 90 Ft
Zoning Description Mixed Residential Commercial

Utilities

Cable Available
Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/25205552/38-cambridge-street-n-lindsay

Interested?

Contact us for more information


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John Beukeboom
Salesperson

(705) 324-2552
(705) 324-2378
www.johnbeukeboom.ca

Affinity Group Pinnacle Realty Ltd., Brokerage - 150
273 Kent St. W.
Lindsay, Ontario K9V 2Z8

(705) 324-2552
(705) 324-2378
affinitygrouppinnacle.ca

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