ON
Cambridge
N1T1Z6
250 PINEBUSH Road
250 PINEBUSH Road, Cambridge, ON N1T1Z6
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
4
$6,495,000

Home Details for 250 PINEBUSH Road

Price
$6,495,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
13055
Lot size acres
2.16
Parking
Basement
None
Days on site
230
Listing #
27211077
Listing Courtesy: COLDWELL BANKER PETER BENNINGER REALTY
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:31684)

Property Features
  • House Interior
    • Visual exposure
    • Paved driveway
  • Basement
    • None
  • Fire Place
    • False
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EXIT REALTY PEI
41 MacLeod Crescent, Charlottetown, PE C1E 3K2
Pamela Foy
Sales Representative
Office
902 892 7653
Agent
902 315 1035
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