For Sale · Office

1558 KING Street E Unit# MAIN LEVEL, Cambridge

1558 KING Street E Unit# MAIN LEVEL, Cambridge, ON N3H3R5

Price on request

1,910 SF

Asset Class

Office

Size

1,910 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

98%

About this property

PRESTON CHARACTER. KING STREET EXPOSURE. PROFESSIONAL OFFICE OPPORTUNITY. A rare opportunity to move into a truly distinctive century home with exceptional King Street exposure, currently operating as a professional law office. Built with the craftsmanship of another era, this impressive property retains an abundance of its original character, including beautiful natural hardwood floors, original windows, stunning fireplaces and grand principal rooms that provide an atmosphere you simply cannot recreate in a modern office building. The main level is currently configured and operating as a law office, offering an opportunity for a professional user to continue with an established office layout. The property’s R5 (CO) zoning permits the usage of a business or professional office. And then there’s the location. King Street East provides outstanding visibility and exposure, with approximately 18,000 vehicles passing the nearby King Street East/Bishop Street North intersection daily — putting your business directly in front of thousands of potential customers and clients every day. The property’s substantial lot, parking and flexible configuration add further appeal. This is more than an office — it’s a piece of Preston history with a prominent King Street presence and an opportunity to bring your business into a property with genuine character. Available January 1, 2027. 1558 King Street East — Come for the location. Stay for the character. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group1,876 SF2028-12

Area demographics

Trade area within 3 miles of the property.

Population

117,387

Households

44,665

Median income

$100,000

Median age

44.2

Daytime population

115,743

5-yr growth

1.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1558 KING Street E Unit# MAIN LEVEL, Cambridge.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.