55 Beverly Street, Cambridge - Business for Sale
55 Beverly Street, Cambridge, Ontario, N1R3Z4
This business in Cambridge is for sale offering roughly 2,500 sq ft of space. It has been on the market 7 days, fresher than the Cambridge average of 57 days.
Description
MECHANIC SHOP / AUTO REPAIR BUSINESS in Cambridge, ON is For Sale. Located at 55 Beverly St, Unit #2, in a busy area surrounded by residential neighbourhoods, commercial businesses, automotive businesses, dealerships, and major amenities. Rent: $4,000/month including TMI, Lease term: 2 years + option to renew. Features 1 office, 1 washroom, parking for approximately 12 vehicles outside and 4 vehicles inside. Permitted uses include OMVIC, Auto Sales/Dealership, Auto Body and Auto Repair. Fully equipped shop includes 4 hoists (Wheeltronic 9K with lift adapters and three Rotary 9K hoists), compressor with air lines, 2 drop-down air reels, parts shelving, tire shelving, work desks, tool shelving, bolt storage with supplies, exhaust jack, A/C top-up tool, oil waste tank, battery booster, jacks, workbench with vise and grinder, LED floor lights, shop fan, TV and more. Excellent turnkey automotive business opportunity with equipment included and great potential to grow further. (id:66096)
Property Details
- MLS®
- X14128426
- Property Type
- Business
- Business Type
- Automobile
- Zoning
- C5M3
- Interior Size
- 2,500 ft²
- Heating
- Forced air, Natural gas
- Cooling
- None
- Listed
- 7 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 7 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Cambridge has been listed for 7 days, which is 50 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $99,000, about 1.3× the local median household income of $77,000.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $77,000
- Population
- 42,928
- Median age
- 40.8
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N1R)
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$99,000
Cambridge