250 PINEBUSH Road, CAMBRIDGE

2024-07-25
 

Quick Summary

Location
250 PINEBUSH Road, CAMBRIDGE, Ontario N1T1Z6
Price
$1 CAD
Status:
For Sale
Property Type:
Industrial
Area:
13055ft2
Brochure Link:
Video Link:

MLS®#40624092

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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Basement Type: None
  • Exterior Finish: Concrete, Steel
  • Fireplace: No
  • Interior Size: 13055 sqft
  • Stories: 1
  • Utility Water: Municipal water

Features

  • Feature: Visual exposure, Paved driveway

Land

  • Land Size: 2.16 ac|2 - 4.99 acres
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: M-1

Information entered by COLDWELL BANKER PETER BENNINGER REALTY
Listing information last updated on: 2024-10-07 21:09:25


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