250 Pinebush Road Cambridge, Ontario N1T 1Z6
$1
This is an incredibly rare opportunity to own a property fronting on Hwy 401, one of the busiest highways in North America. With annual daily traffic counts of 118,100 in 2019, this property offers unparalleled visibility, effectively serving as your own billboard with thousands of vehicles passing by each day. Additionally, the property has excellent exposure on Pinebush Road, which provides access to both the eastbound & westbound ramps of Hwy 401. Located in the Lovell Industrial Park, this 13,055 SF building comprises 11,780 SF of industrial space and 1,275 SF of office space, along with additional mezzanine storage and 16 ft ceilings. The property spans 2.1 acres, including approximately 1 acre of extra land, and is zoned M1, permitting a wide range of uses. The Seller is prepared to offer a vendor take-back mortgage and the current operating business is relocating. The building features ample power, 2 large drive-in doors and can be divided into 2 units, allowing the buyer to occupy one part while leasing out the other. This is also a fantastic chance for developers looking to construct a new multi-tenant industrial building. The Seller has also been approached about signing a leasing contract with a billboard advertising company providing rental income for years to come. (id:39993)
Property Details
| MLS® Number | 40624092 |
| Property Type | Industrial |
| Amenities Near By | Public Transit |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area, Industrial Park |
| Features | Visual Exposure, Paved Driveway |
| Sign Type | Pylon |
Building
| Basement Type | None |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Concrete, Steel |
| Fire Protection | Alarm System, Security System |
| Fireplace Present | No |
| Foundation Type | Poured Concrete |
| Stories Total | 1 |
| Size Exterior | 13055.0000 |
| Size Interior | 13055 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 733 Ft |
| Size Frontage | 129 Ft |
| Size Irregular | 2.16 |
| Size Total | 2.16 Ac|2 - 4.99 Acres |
| Size Total Text | 2.16 Ac|2 - 4.99 Acres |
| Zoning Description | M-1 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/27211077/250-pinebush-road-cambridge
Interested?
Contact us for more information
Chad Ritzer
Salesperson
(519) 743-8009
508 Riverbend Dr. (Commercial)
Kitchener, Ontario N2K 3S2
(519) 743-5211
(519) 743-8009
www.coldwellbankerpbr.com/commercial
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Kitchener-Waterloo Association of REALTORS®
Coldwell Banker Peter Benninger Realty
August 28 2024 01:48:35
