164 Beverly Street Cambridge, Ontario N1R 3Z7

$1,799,900

PRIME DOWNTOWN GALT REDEVELOPMENT OPPORTUNITY – HIGH-VISIBILITY CORNER WITH THRIVING COMMERCIAL & RESIDENTIAL INCOME! An unparalleled investment in the heart of Downtown Galt’s rapidly growing core! This high-exposure corner property at Beverly & Dundas is a prime candidate for future redevelopment, surrounded by planned high-density condo projects and steps from Soper Park. Currently, the site features a well-maintained commercial building with extensive upgrades, home to Q-BBQ Public House – a turnkey 75-seat restaurant with a licensed patio, fully equipped kitchen, and included chattels. A spacious 2,000 sq. ft. second-floor apartment provides rental income or owner-occupancy potential. Recent updates include a new rooftop HVAC system (2022) and new roof (2021). This property must be sold with 328 Dundas St. N, a neighbouring bungalow with separate upper and lower rental units, adding multiple income streams and further redevelopment potential. Zoned for flexible commercial uses, including retail, office, and food services, this is a rare opportunity to secure a strategic downtown site in a fast-appreciating market. (id:50886)

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https://www.realtor.ca/real-estate/27876787/164-beverly-street-cambridge