ON > Cambridge
Cambridge, ON N3C 2B9,18 Tannery ST E
Cambridge, ON N3C 2B9,18 Tannery ST E
Cambridge, ON N3C 2B9,18 Tannery ST E
Cambridge, ON N3C 2B9,18 Tannery ST E
Cambridge, ON N3C 2B9,18 Tannery ST E
Cambridge, ON N3C 2B9,18 Tannery ST E
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,499,900
Est. payment | /mo

3 Baths

3,971 SqFt

Save
$ 1,499,900
Est. payment | /mo
Save

3 Baths

3,971 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,971 sqft

Price per Sqft $377

MLS Listing ID X12179571

Building Age 100+

Annual Tax Amount $7,330

Tax Year 2024

Property Sub-Type Office

Property Description

18 Tannery Street East presents a rare opportunity to own a fully restored commercial building in the vibrant Hespeler Village core. Zoned C1RM2, this versatile property combines storefront visibility with long-term flexibility ideal for business owners, investors, and visionaries alike. The building has undergone a comprehensive interior and exterior restoration over the past five years, offering polished curb appeal and a remarkable interior. Currently home to a real estate office, the main commercial space has also shown strong potential as a boutique event venue. With approximately 3,000 sq. ft. of finished commercial area, and parking for 68 vehicles on site (plus ample public parking nearby), its well-positioned for client-facing operations. (inquire for a list of potential uses).In addition to the commercial space, a well-maintained residential apartment adds rental income stability. The unit has been significantly improved and is occupied by a AAA tenant at a strong market rate. Beyond its current configuration, the property also presents compelling redevelopment potential. With C1RM2 zoning in the heart of the Hespeler Core Area, there's an opportunity to expand vertically and create a true mixed-use building retaining commercial space at grade while adding residential units above. The lot size, existing layout, and location near public parking all support future intensification, making this an excellent candidate for a live-work conversion, income-generating redevelopment, or long-term portfolio hold with upside. This is a rare Hespeler Core property where zoning, restoration, income, and location all align. Whether you're expanding your business or diversifying your portfolio, 18 Tannery Street East is a turn-key asset with long-term upside.

Location

Province ON

County Waterloo

Area Waterloo

Zoning C1RM2

Interior

Cooling Yes

Inclusions 2 Refrigerators, 2 Dishwashers, 1 Stove, All tables and chairs in the event space, including: 9 rectangular laminate folding tables (96" x 36") 60 black stackable chairs

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 50.1

Lot Depth 145.6

Others

Security Features No

Listed by DEWAR REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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18 Tannery ST E