986 & 1030 King Street, Cambridge - Vacant Land for Sale

Description

986 & 1030 KING STREET EAST, CAMBRIDGE Asking Price: $2.99 Million | RSC Expected Late-2026A rare opportunity to secure a premier corner assembly in one of Cambridge's busiest and fastest-growing corridors! This offering brings together two contiguous parcels approximately1.024 acres in total , at the high-profile intersection of King Street East and Westminster Drive, delivering outstanding visibility and traffic exposure that's hard to come by in this market. The site benefits from quick, convenient access to both Highway 8 and Highway 401, putting it firmly on the radar for commuters and commercial traffic alike. It's also just minutes from Cambridge Memorial Hospital, public transit routes, schools, and a strong mix of surrounding residential and commercial neighbourhoods the kind of location that keeps demand steady well into the future. Zoned C1RM2 & C1C5 and designated Mixed Use (including Residential) under the Official Plan, this property is primed for a wide range of commercial and mixed-use development, with real long-term intensification upside. Whether you're a developer looking to shape the next chapter of this corridor, a retailer wanting a flagship presence, or an investor eyeing a growth market, this assembly checks all the boxes. With Cambridge continuing to see strong population growth and infrastructure investment, opportunities like this a scale, corner-exposure site ready for redevelopment , don't come around often. Don't miss your chance to be part of what's next for this corridor. FOR SALE (id:66096)

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