551 Parkside Dr - Showroom FOR SALE


Waterloo, ON N2L 5E7
$3,350,000 CAD
519-585-2200
551 Parkside Dr, Waterloo, ON for Sale
$3,350,000 CAD
Showroom - FOR SALE
1/3
null | Request Cap Rate

Mar '25


551 Parkside Dr
Waterloo, ON N2L 5E7


HIGHLIGHTS

  • Ample parking
  • Access to public transit and highway
  • Retail amenities nearby
  • High exposure location
  • Heavy commercialized area
  • Natural light exposure

OVERVIEW

551 Parkside Dr is a well located freestanding industrial building in North Waterloo with exceptional access to the Expressway and LRT, and close proximity to UW, WLU, Conestoga College and countless retail amenities. This is a great opportunity for owner occupiers looking to own a facility that is easily accessible via public transit and surrounded by a large skilled labour pool. The building offers a small office area with lower ceiling heights (currently used for office and retail), a processing area with 14’ ceilings and small drive-in door, and a large warehouse area equipped with racking, 22’ foot ceilings and 2 oversized (18’x14’) drive-in doors. The building also offers additional storage space across two mezzanine spaces, in addition to, ample on-site parking for staff and/or customers/clients. Targeting vacant possession for March 2025.

FOR SALE DETAILS

PRICE

$3,350,000 CAD

PRICE/SF

$279 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

E2B-60

APN/PARCEL ID

301604340001500

ASK ABOUT THIS PROPERTY

Connor WardCushman & WakefieldMore Info
519-585-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Connor WardCushman & WakefieldMore Info
519-585-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.