602 Colby Drive Active Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2V 1A2
Key Details
Property Type Commercial
Sub Type Industrial,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 31,507 sqft
Price per Sqft $260
MLS Listing ID 40688048
Abv Grd Liv Area 31,507
Originating Board Waterloo Region
Annual Tax Amount $78,723
Lot Size 1.667 Acres
Acres 1.667
Property Sub-Type Industrial,Building and Land
Property Description
602 Colby Drive represents a ±31,507 SF single tenant industrial owner-occupier or investment property in Waterloo. 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 facility is currently leased and occupied by Nasarc Technologies on a short-term basis. 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