Commercial Real Estate in N1T available for sale
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More details for 250 Pinebush Rd, Cambridge, ON - Retail for Sale

250 Pinebush Rd

Cambridge, ON N1T 1Z6

  • Retail for Sale
  • $5,395,000 CAD
  • 13,055 SF

Cambridge Retail for Sale - Western GGH

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.

Contact:

Coldwell Banker Commercial Peter Benninger Realty

Property Subtype:

Freestanding

Date on Market:

2024-08-01
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