1270 KING Street E

About this home.

Prime opportunity in the heart of Cambridge Preston Downtown—a high-exposure location surrounded by established businesses, steady pedestrian traffic, and a full range of amenities. This solid 1989-built commercial building offers approximately 1,850 sq. ft. of total above ground space and is zoned C2RM3, allowing for Commercial, Residential, or Mixed-Use applications. It’s an excellent fit for investors, business owners, or those seeking a flexible live-work configuration. Previously used as a dental lab, the property is now vacant and ready for customization, providing an adaptable footprint for retail, office, studio, service business, or a new owner’s tailored vision. The main floor features an open-concept layout with one washroom, ideal for retail or client-facing operations. The second floor includes three rooms and one washroom, suitable for office suites, treatment rooms, or potential residential conversion. The basement offers additional storage space with a bathroom rough-in, adding further development potential. Recent updates include: • Roof (2019) • Furnace (2020) • Water Softener (2019) • Three main-floor windows repaired (two at the front entrance and one facing the rear parking area) & New electric Panel (2022) * Air conditioner Unit (2023). The property also provides ample rear parking, a valuable advantage in the downtown core. With its strategic downtown location, strong zoning flexibility, and adaptable interior layout, this property presents an exceptional opportunity for a wide range of commercial or mixed-use uses in one of Cambridge’s most vibrant and growing districts. Property is being sold in As-Is condition. (id:59491)

The full record.

How this listing prices against Preston South.

Preston South had 2 sales and 12 active listings, so inventory is running well ahead of completed deals. The average sale price was $620,000, below the Cambridge average, and the homes that did sell moved quickly at 8 days on market. The sale-to-list figure is incomplete here, so pricing pressure is harder to measure, but the larger listing count suggests buyers still have leverage overall. This is a neighbourhood where some properties are finding buyers fast, but turnover remains light.

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