40 Main Street, Cambridge, Ontario N1R 1V4 (27047223) – Ravi Bedi


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40 Main Street Cambridge, Ontario N1R 1V4

3 Bathroom 4300 sqft
Fully Air Conditioned Other

$1,750,000

Welcome to 40 Main Street. This incredible investment opportunity offer 3 income streams with a potential 4th (main floor can be divided into 2 separate units instead of one because the building offers both front and rear entrances). With a fully equipped and operating main floor unit store ""The Healthy Rabbit"" which can seat 12 in and 25 out + 2 separate fully remodelled residential units, each offering 1 bed, 1 bath, separate entrance, private laundry, separate heating/cooling and separate hydro meters ! Located in the heart of Cambridge in the highly sought out and desirable store and tenant access. The Healthy Rabbit can be purchased and assumed with menu and staff in addition to the building! A fantastic business that boasts a menu focusing on both sustainability from local farmers while serving healthy and delicious dishes. Not only can you get this amazing business, but it you will also get 2x, 1-bedroom units fully equipped and tenanted. This building that was fully renovated from top to bottom in 2021 is located in a prime location, offering easy access to the local community, businesses and all amenities. The property is equipped with ample parking spaces for both residents and customers. This is an excellent opportunity for anyone looking to generate passive income while owning a well established restaurant. **** EXTRAS **** Residential Unit 201 & 301 pay their own utilities (separate meters). Business only pays for its own Utilities. (id:50617)

Business

BusinessType Residential
BusinessSubType Apartments
Name The Healthy Rabbit

Property Details

MLS® Number X8444614
Property Type Multi-family
AmenitiesNearBy Public Transit

Building

BathroomTotal 3
Appliances Dryer, Refrigerator, Stove, Washer
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeExterior 4300 Sqft
SizeInterior 4300 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Storm Sewer
SizeDepth 170 Ft ,3 In
SizeFrontage 14 Ft ,4 In
SizeIrregular Bldg=14.4 X 170.28 Ft ; 141.92ftx14.40ftx170.28ftx14.36ftx28.3
SizeTotalText Bldg=14.4 X 170.28 Ft ; 141.92ftx14.40ftx170.28ftx14.36ftx28.3
ZoningDescription Fc1rm1

https://www.realtor.ca/real-estate/27047223/40-main-street-cambridge

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