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Home ON Kitchener - Cambridge - Waterloo Cambridge Industrial Park
250 PINEBUSH Road
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250 PINEBUSH Road $6,495,000
$6,495,000
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250 PINEBUSH Road
Cambridge, Ontario N1T1Z6

MLS® Number: 40624092

Listing Description

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 14 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. (67835169)

Location Description

Located on Pinebush Road between Franklin Blvd. and Townline Rd.

Property Summary

Property Type
Industrial
Storeys
1
Subdivision Name
40 - Centennial
Title
Freehold
Land Size
2.16 ac|2 - 4.99 acres
Annual Property Taxes
$40,081.54
Time on REALTOR.ca
248 days

Building

Interior Features
Basement Type
None
Building Features
Features
Visual exposure, Paved driveway
Foundation Type
Poured Concrete
Construction Material
Concrete block, Concrete Walls
Fire Protection
Alarm system, Security system
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Concrete, Steel
Business
Sign Type
Pylon
Neighbourhood Features
Community Features
High Traffic Area, Industrial Park
Amenities Nearby
Public Transit

Measurements

Square Footage
13055 sqft
Exterior Building Size
13055 sqft

Land

Lot Features
Frontage
129 ft
Land Depth
733 ft
Other Property Information
Access
Highway access
Zoning Description
M-1
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-589-6062
519-743-8009
Book showing
CHAD RITZER