An outstanding opportunity for developers and builders to secure a prime land assembly in one of the city's most rapidly evolving corridors. This mixed-use commercial property offers 0.536 acres of land at the high-traffic intersection of Main Street and Franklin Boulevard - a location that benefits from exceptional visibility, strong daily traffic exposure, and a diverse surrounding mix of residential, commercial, and community facilities. This property is being sold in conjunction with 642 Main Street, creating a combined land assembly that significantly enhances the scope and scale of any future redevelopment project. Whether your plans call for residential, mixed-use, or community-focused development, this assembly provides the footprint and flexibility to bring a meaningful project to life. Zoned M3, the property is well-positioned within a municipality that has introduced new, favourable redevelopment and re-zoning plans specifically for this area - providing developers with a supportive regulatory environment and a clear path forward for approvals and planning. The surrounding neighbourhood continues to see active growth, with new development projects underway across residential and community sectors.
| MLS # | 40823258 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 125 |
| Listing Provided By | Corcoran Horizon Realty | William Forbes |
| SQ Feet | 3,500 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | M3 |
| Acreage | 0.54 |
| Cooling Yes / No | No |
|---|
| Lot Features | City Lot, High Traffic Area, Highway Access, Public Transit, Schools, Other |
|---|---|
| Construction Materials | Aluminum Siding |
| Foundation Details | Poured Concrete |
| Parking Features | Asphalt, Built-In, Guest |
|---|---|
| Attached Garage Yes / No | No |
| Sewer | Septic Tank, Sewer (Municipal) |
|---|
| Tax Annual Amount | 7108 |
|---|
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Cambridge |
| Postal Code | N1R 5S7 |
| Area | 12 Galt East |
| Subarea | 24 Alison Park | Eastview North |
| Community Name | 24 Alison Park/Eastview North |
| Listing VS Median (in 24 Alison Park/Eastview North) | |
Price: $2,995,000 low | high Med: $799,950 sqft: 3,500 low | high Med: 1,621 $ / sqft: $856 low | high Med: $521 On site: 125 low | high Med: 51.5 | |
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Cambridge |
| Postal Code | N1R 5S7 |
| Area | 12 Galt East |
| Subarea | 24 Alison Park | Eastview North |
| Community Name | 24 Alison Park/Eastview North |
| Listing VS Median (in 24 Alison Park/Eastview North) | |
Price: $2,995,000 low | high Med: $799,950 sqft: 3,500 low | high Med: 1,621 $ / sqft: $856 low | high Med: $521 On site: 125 low | high Med: 51.5 | |