383 Elgin Street N, Cambridge

Bathrooms: 1
Type: Commercial
Added: 1 day ago
Updated: 11 hours ago
Last Checked: 8 hours ago
Listed by: EXP REALTY
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Listing description
This Commercial listing at 383 Elgin Street N Cambridge, ON with the MLS Number x12382881 listed by NATHAN LOGANATHAN - EXP REALTY on the Cambridge market 1 day ago at $118,990.

Turnkey Caribbean Supermarket High-Demand Retail Plaza Business-only sale. Asset transaction (no shares). Established Caribbean grocery store located in a busy retail plaza with strong visibility and consistent foot traffic. Serves a loyal customer base of local residents, nearby businesses, and repeat clientele from surrounding towns. Plaza mix supports daily operations and drives cross-traffic. Approx. 1,830 sq/ft of leased space with an all-inclusive lease of $3,275/month inclusive of HST. Low overhead and lean staffing models support stable cash flow. Product mix includes culturally specific grocery items, fresh meats, fish, poultry, and specialty goods. Opportunity to expand inventory to include Caribbean, West Indian, and Indian offerings. Scalable upside through alcohol licensing (subject to approval), meat and fish processing, bakery integration (existing brand relationship), potential courier drop-off services, and U-Haul rentals. Space supports future upgrades including commercial kitchen installation(pending zoning approval & construction buyer to verify). Additional features include a large storage room (suitable for walk-in cooler or oven), washroom with shower, and ample plaza parking. Sale includes all intellectual property, goodwill, fixtures, equipment, and supplier/vendor accounts. Seller will transfer all digital assets including social media profiles, Uber Eats, and SkipTheDishes accounts. Owner willing to assist with training and transition. Financials available upon request. Buyer to verify zoning, licensing, and operational requirements. Do not attend the site without an appointment. All showings by appointment only. Here is a perfect opportunity in a location with much demand and rare offering to propel your business venture. (id:1945)

Property Details Key information about 383 Elgin Street N

Cooling: Fully air conditioned
Heating:
- Forced air
- Natural gas

Exterior & Lot Features Learn about the exterior and lot specifics of 383 Elgin Street N

Water Source: Municipal water
Lot Size Dimensions: Unit=360 x 232 FT

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Nearby Listings Stat Estimated price and comparable properties near 383 Elgin Street N

Active listings

Min Price

$118,990

Max Price

$25,000,000

Avg Price

$1,372,063

Days on Market

43 days

Sold listings

Min Sold Price

$79,000

Max Sold Price

$699,900

Avg Sold Price

$453,935

Days until Sold

76 days

Nearby Places Nearby schools and amenities around 383 Elgin Street N

St. Benedict Catholic Secondary School (1.5 km)
Cambridge

Galt Collegiate Institute (1.5 km)
200 Water St N, Cambridge

Southwood Secondary School (4.1 km)
30 Southwood Dr, Cambridge

Cafe Moderno (0.1 km)
383 Elgin St N, Cambridge

Cambridge Mill (1.9 km)
130 Water St N, Cambridge

Elixir Bistro (2.3 km)
34 Main St, Cambridge

Cafe 13 Main Street Grill (2.3 km)
13 Main St, Cambridge

Keg Steakhouse & Bar (4 km)
44 Pinebush Rd, Cambridge

Galt Arena Gardens (1.8 km)
98 Shade St, Cambridge

Cambridge Centre (2.1 km)
355 Hespeler Rd, Cambridge

Blackshop Restaurant (3.3 km)
595 Hespeler Rd, Cambridge

Boston Pizza (3.7 km)
14 Pinebush Rd, Cambridge

Price History

Listed

September 5, 2025

by EXP REALTY

Commercial For Sale