Rare Redevelopment Opportunity: Business Hub with Residential Potential in Preston. Looking for a strategic location for your business with an eye on future growth? This substantial 4,000 sq ft shop/warehouse in Preston, Cambridge, presents a unique offering. Situated on a quiet, dead-end street, this property isn't just a practical and affordable home base for your business; it encompasses two lots within a registered plan of subdivision, opening up possibilities for future residential redevelopment. The expansive 0.38-acre parcel provides a deep, flat lot with ample room for growth, storage, and easy vehicle access. Its current M2 industrial zoning allows for a wide range of uses, making it an ideal fit for various businesses. Inside, the approximately 4,000 sq ft building spans three levels, highlighted by a spacious and open third-floor loft with high ceilings – a versatile space for countless applications. The site is fully fenced, ensuring secure parking and convenient outdoor storage. Ground-level double swing-open doors facilitate easy loading and unloading. Additional features include forced air gas heating, a roughed-in kitchenette, and two bathrooms. Located adjacent to Otto Klotz Park and directly across from a neighbourhood playground, this property offers an excellent blend of accessibility, parking, and privacy. Don't miss this rare chance to secure a property with both business utility and long-term redevelopment potential. Contact your Realtor today to arrange a viewing and explore the possibilities this unique property holds for your business and beyond.
Property Type:
Commercial Sale
Property SubType:
Industrial, Building and Land
Listing General Location:
52 - Preston North, 15 - Preston
Bedrooms:
0
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
16,422 sq. ft.1,526 m2
Lot Details:
92.4 x 165.76
Lot Depth:
165'9⅛"50.5 m
Lot Frontage:
92'5"28.2 m
Frontage Type:
West
Lot Shape:
46.29 ft x 46.29 ft x 165.76 ft x 52.85 ft x 52.85
Data was last updated September 7, 2025 at 09:50 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$899,900
Min list price:
$399,900
Max list price:
$6,900,000
Avg days on market:
24
Min days on market:
9
Max days on market:
193
Avg price per sq.ft.:
$478.92
These statistics are generated based on the current listing's property type
and located in
15 - Preston. Average values are
derived using median calculations. This data is not produced by the MLS® system.