40 Main Street, Cambridge | Image 1

40 Main Street

Cambridge

  • Commercial

$3,250
For Rent

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: FC1RM1

  • Age: No Data

  • Taxes: 6487.69

  • MLS®#: X12002706

  • Added: Mar 05, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 month ago

  • Listed By: CORCORAN HORIZON REALTY

Located in downtown Galt, 40 Main St offers a versatile space ideal for a restaurant or other commercial uses. Currently set up with a bar and service counters, the layout can easily be transformed into an open space to suit your business needs. The rear area features high ceilings (approx. 18') and an upper "crows nest" mezzanine with views of the entire space. The staircase along the wall with clocks serves as an emergency exit but can be reconfigured for mezzanine access. The property includes a stunning outdoor patio, which could double as tandem parking for two cars. From Victoria Day weekend to Thanksgiving, Main Street becomes a pedestrian-friendly zone, allowing for outdoor patios and drawing large crowds during city events - enhancing foot traffic and visibility. The space features quartz countertops, a washer and dryer, and a new furnace. A dry, clean 900 sq ft storage basement is included, and the property backs into a city-owned parking lot with 5 additional parking lots within a block. Located in a prime downtown spot, with great potential for pick-up and delivery service, 40 Main St offers an ideal opportunity to grow your business in the heart of Galt.

Property

  • Status: Lease

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Cambridge

  • Assessment Amount: $265,000

  • Assessment Year: 2025

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 2 N/S MAIN ST E PL 615 CAMBRIDGE PT 1, 58R10519; T/W 13186

  • Taxes: $6,488

  • Taxes Type: Annual

Land

  • Cross Street: Water St & Main St

  • Municipality District: Cambridge

  • Parcel Number: 038150132

  • Sewer: Sanitary

  • Lot Depth: 170.28 Feet

  • Lot Frontage: 14.37 Feet

  • Zoning: FC1RM1

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/40_main_st_cambridge_on/

Commercial Specific

  • Rail: N

  • Retail Area: 1106

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Terms: 60

  • Total Area: 1105.5

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 36

  • Franchise: N

  • Tangible Property Included: N

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Seats: 24

  • Financial Statement: N

Map of 40 Main Street, Cambridge
JK-8

St Francis Catholic Elementary School

Elementary: Catholic
1.56 km
JK-6

Central Public School

Elementary: Public
0.46 km
6-8

St Andrew's Public School

Elementary: Public
1.09 km
JK-6

Manchester Public School

Elementary: Public
1.32 km
JK-6

Highland Public School

Elementary: Public
1.07 km
JK-8

Stewart Avenue Public School

Elementary: Public
1.51 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
2.08 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
1.55 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
1.13 km
9-12

Monsignor Doyle Catholic Secondary School

Secondary: Catholic
2.45 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
6.51 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
3.82 km
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