602 Colby Drive, Waterloo, ON N2V 1A2
602 Colby Drive, Waterloo, ON N2V 1A2
602 Colby Drive, Waterloo, ON N2V 1A2
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Team Mosaic

Team Mosaic

+1(519) 573-0371
$ 8,200,000
Est. payment | /mo

31,507 SqFt

Save
$ 8,200,000
Est. payment | /mo
Save

31,507 SqFt

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 31,507 sqft

Price per Sqft $260

MLS Listing ID 40836498

Abv Grd Liv Area 31,507

Annual Tax Amount $87,177

Lot Size 1.667 Acres

Acres 1.667

Property Sub-Type Building and Land

Source Cornerstone

Property Description

602 Colby Drive represents a ±31,507 SF single-tenant industrial investment property in Waterloo, with a 3-year lease in place. The Property's layout, featuring a dedicated two-story front office space, expansive 20' high ceiling-height manufacturing/warehouse facility, and an auxiliary upper-level mezzanine storage area, positions it as an attractive proposition for a user-occupier or investors seeking growth potential. The Property boasts abundant power capacity, efficient drive-in and truck-level loading access, and generous on-site parking facilities for both employees and visitors. The Offering presents an enticing owner-occupier or investment opportunity with upside rent potential as the current lease rent is well below market rent.

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning E3-27 (Flexible Industrial)

Direction Colby Drive/Northfield Drive W

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 200.0

Lot Depth 350.0

Garage No

Building

Lot Description Irregular Lot, Highway Access, Industrial Park, Public Transit, Schools

Faces Colby Drive/Northfield Drive W

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick,Block,Metal/Steel Siding

New Construction No

Others

Senior Community false

Tax ID 222810094

Ownership Freehold/None

Listed by CBRE LIMITED

Nearby Locations

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Team Mosaic
Team Mosaic

Team | License ID: 5005399

+1(519) 573-0371 | cahit.tutak@exprealty.com

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602 Colby Drive