Rare Redevelopment Opportunity: Business Hub with Residential Potential in Preston. Looking for a strategic location for your business with an eye on future growth? This substantial 4,000 sq ft shop/warehouse in Preston, Cambridge, presents a unique offering. Situated on a quiet, dead-end street, this property isn't just a practical and affordable home base for your business; it encompasses two lots within a registered plan of subdivision, opening up possibilities for future residential redevelopment. The expansive 0.38-acre parcel provides a deep, flat lot with ample room for growth, storage, and easy vehicle access. Its current M2 industrial zoning allows for a wide range of uses, making it an ideal fit for various businesses. Inside, the approximately 4,000 sq ft building spans three levels, highlighted by a spacious and open third-floor loft with high ceilings – a versatile space for countless applications. The site is fully fenced, ensuring secure parking and convenient outdoor storage. Ground-level double swing-open doors facilitate easy loading and unloading. Additional features include forced air gas heating, a roughed-in kitchenette, and two bathrooms. Located adjacent to Otto Klotz Park and directly across from a neighbourhood playground, this property offers an excellent blend of accessibility, parking, and privacy. Don't miss this rare chance to secure a property with both business utility and long-term redevelopment potential. Contact your Realtor today to arrange a viewing and explore the possibilities this unique property holds for your business and beyond.