250 Pinebush Road Active Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N1T 1Z6
Key Details
Property Type Commercial
Sub Type Industrial,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 13,055 sqft
Price per Sqft $497
MLS Listing ID 40624092
Abv Grd Liv Area 13,055
Originating Board Waterloo Region
Annual Tax Amount $40,081
Lot Size 2.160 Acres
Acres 2.16
Property Sub-Type Industrial,Building and Land
Property 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.
Location
Province ON
County Waterloo
Area 14 - Hespeler
Zoning M-1
Direction Located on Pinebush Road between Franklin Blvd. and Townline Rd.
Rooms
Basement None
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Exterior Feature Grade Loading
Parking Features Asphalt
Utilities Available Electricity Connected,Fibre Optics,Natural Gas Connected,Phone Connected
Lot Frontage 129.21
Lot Depth 732.83
Garage No
Building
Lot Description Rectangular,Ample Parking,High Traffic Area,Highway Access,Industrial Park,Public Transit,Visual Exposure
Faces Located on Pinebush Road between Franklin Blvd. and Townline Rd.
Story 1
Foundation Poured Concrete,Slab
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
Structure Type Block,Steel Siding
New Construction No
Others
Senior Community false
Tax ID 037650103
Ownership Freehold/None
Virtual Tour https://www.youtube.com/watch?v=cnq6ea7s6ro