ON > Cambridge
Cambridge, ON N1T 1Z6,250 Pinebush Road
Cambridge, ON N1T 1Z6,250 Pinebush Road
Cambridge, ON N1T 1Z6,250 Pinebush Road
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Isaac Rosebrugh

Isaac Rosebrugh

+1(519) 754-6611
$6,495,000
Est. payment /mo
13,055 SqFt
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UPDATED:

12/02/2024 08:41 PM

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

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Listed by COLDWELL BANKER PETER BENNINGER REALTY

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Isaac Rosebrugh

+1(519) 754-6611

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