250 PINEBUSH Road, Cambridge, Ontario, N1T 1Z6
$1MLS® # 40624092
Commercial For Sale In Industrial Park, Cambridge, Ontario
Property Information:
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:27)
Building Features:
- Style: Industrial
- Basement Type: None
- Construction Material: Concrete block, Concrete Walls
- Exterior Finish: Concrete, Steel
- Fire Protection: Alarm system, Security system
- Foundation Type: Poured Concrete
Property Features:
- OwnershipType: Freehold
- Property Type: Industrial
- Access Type: Highway access
- Amenities Nearby: Public Transit
- Communication Type: High Speed Internet
- Community Features: High Traffic Area, Industrial Park
- Features: Visual exposure, Paved driveway
- Lot Depth: 733.0 Feet
- Lot Frontage: 129.0 Feet
- Sign Type: Pylon
- Utility Type: Natural Gas - Available, Hydro - Available, Telephone - Available
- Zoning: M-1
- Sewer: Municipal sewage system
Courtesy of: COLDWELL BANKER PETER BENNINGER REALTY
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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
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