Waterloo, ON N2V 1A2,632 Colby Drive
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Waterloo, ON N2V 1A2,632 Colby Drive
Waterloo, ON N2V 1A2,632 Colby Drive
Waterloo, ON N2V 1A2,632 Colby Drive
Waterloo, ON N2V 1A2,632 Colby Drive
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$ 5,600,000
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632 Colby Drive Waterloo, ON N2V 1A2

16,000 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $350

MLS Listing ID 40730308

Abv Grd Liv Area 16,000

Annual Tax Amount $32,896

Lot Size 1.003 Acres

Acres 1.003

Property Sub-Type Industrial,Building and Land

Source Waterloo Region

Property Description

632 Colby Drive is a 16,000 sq ft multi-tenant industrial property offering nine individually metered units from 1,000 to 4,000 sq ft. Currently one vacant 2,000 sq ft unit. Clean Phase II ESA. Quality surveillance System. Constructed in the mid-1980s, each unit features a 16 ft clear ceiling height, one to two drive-in doors per unit, upgraded electrical panels and transformers, and many include mezzanine storage. Situated just off Northfield Drive with direct access to Highway 8, the site also provides 65 on-site parking stalls. This turnkey asset delivers stable cash flow for investors or allows an owner-occupier to occupy a portion of the building with built-in income.

Location

Province ON

County Waterloo

Area 4 - Waterloo West

Zoning E3-27

Direction Located on Colby Drive, near King Street N and Northfield Drive W.

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 180.45

Garage No

Building

Lot Description Irregular Lot, Industrial Park, Other

Faces Located on Colby Drive, near King Street N and Northfield Drive W.

Story 1

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

New Construction No

Others

Senior Community false

Tax ID 222810103

Ownership Freehold/None


Listed by COUPAL MARKOU COMMERCIAL REAL ESTATE INC.

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agent

Taylor Brimley

Broker | License ID: 4764307

+1(905) 407-8290

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632 Colby Drive