503 Main Street
Cambridge, ON
2 bath • 5,630 sqft • Commercial Retail • 143 days on market
Prime commercial opportunity on a high-visibility stretch of Main Street in Cambridge, offering potential for renovation, redevelopment, or possible build-to-suit arrangements. This C2-zoned property features an approximately 1,600 sq ft boarded structure requiring substantial restoration, making it ideal for renovation or redevelopment. Previously used as a residential dwelling under legal non-conforming status, future use will be subject to current zoning. C2 zoning allows for a variety of commercial uses, with potential for mixed-use development including residential units above. Located on a fully serviced lot with excellent exposure and traffic, this property offers strong potential for investors, builders, or business owners. Seller may consider potential build-to-suit or redevelopment arrangements for qualified purchasers, subject to approvals and mutually agreed terms.
Listing Details
- Taxes (2025)
- $2,941
- Originally Listed
- $549,900
- Listed
- April 1, 2026
Price History
Property
- Lot Size
- 49.8 x 123 Feet
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Franklin Blvd
- Zoning
- C2
- Parcel Number
- 038240026
- Possession
- Flexible
Commercial
- Business Type
- Other
- Occupancy
- Vacant
- Office / Apartment Area
- 1540 Sq Ft
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,262
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,262 recorded sales of commercial properties in Cambridge over the last 12 months.
Listed by
CORCORAN HORIZON REALTY
Location
Commercial figures
- Building area
- 5,630 sq ft
- Price per sq ft
- $79.91
- Annual property tax
- $2,941
- Tax per sq ft
- $0.52
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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