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Home ON Kitchener - Cambridge - Waterloo Waterloo Conestoga
602 COLBY Drive
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602 COLBY Drive $8,349,000
$8,349,000
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602 COLBY Drive
Waterloo, Ontario N2V1A2

MLS® Number: 40600696

Listing 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. (67596346)

Location Description

Colby Drive/Northfield Drive W

Property Summary

Property Type
Industrial
Storeys
2
Subdivision Name
118 - Colonial Acres/East Bridge
Title
Freehold
Land Size
1.667 ac|1/2 - 1.99 acres
Annual Property Taxes
$78,723.24
Time on REALTOR.ca
163 days

Building

Interior Features
Basement Type
None
Building Features
Construction Material
Concrete block, Concrete Walls
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete, Metal
Neighbourhood Features
Community Features
Industrial Park
Amenities Nearby
Public Transit, Schools

Measurements

Square Footage
31507 sqft
Exterior Building Size
31507 sqft

Land

Lot Features
Frontage
200 ft
Land Depth
350 ft
Other Property Information
Access
Highway access
Zoning Description
E3-27 (Flexible Industrial)
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
JOE BENNINGER