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250 Pinebush Road Cambridge, Ontario N1T 1Z6

13055 sqft
Acreage

$6,495,000

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. (id:50886)

Property Details

MLS® Number 40624092
Property Type Industrial
AmenitiesNearBy Public Transit
CommunicationType High Speed Internet
CommunityFeatures High Traffic Area, Industrial Park
Features Visual Exposure, Paved Driveway
SignType Pylon

Building

BasementType None
ConstructionMaterial Concrete Block, Concrete Walls
ExteriorFinish Concrete, Steel
FireProtection Alarm System, Security System
FoundationType Poured Concrete
StoriesTotal 1
SizeExterior 13055.0000
SizeInterior 13055 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage Yes
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 733 Ft
SizeFrontage 129 Ft
SizeIrregular 2.16
SizeTotal 2.16 Ac|2 - 4.99 Acres
SizeTotalText 2.16 Ac|2 - 4.99 Acres
ZoningDescription 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


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Chad Ritzer
Salesperson


Coldwell Banker Peter Benninger Realty
508 Riverbend Dr. (Commercial)
Kitchener, Ontario N2K 3S2

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