$5,900,000
Other
360 Montrose Street N
Cambridge, 53 - Preston South N3H 2H8
No obligation, free tour cancelation.
Beds · 0
Baths · 0.00
Sqft · 39335.00
Description
Free standing 39,335 square foot industrial building on 4.699 acres with surplus land for warehouse / manufacturing expansion in Cambridge with attractive heavy industrial zoning featuring fenced compound and outside storage, crane bay and swing cranes, variable ceiling heights, grade and dock level... loading as well as drive in doors of variable sizes. Four existing short term tenancies provide for an investment opportunity or full occupancy for an individual user. Existing environmental site assessment available demonstrating compliance with MOE standards. Alternatively, as a development opportunity, the property located within an Official Plan designated Regeneration Area. A municipal site plan pre-consultation application for twelve (12) semi-detached residential lots and 2.36 acre six story (60 Unit) mid-rise residential apartment building has been proposed to transition the property from industrial to residential. Additional details available for the Listing Agent. Site Plan inclusive of Pre-Consultation Remarks (Attached), Directions:Hespeler Road/Waterloo Regional Road 24 south, turn right onto Bishop Street North/Waterloo Regional Road 41, turn right onto Concession Road after 350 meters turn left at the 1st cross street onto Montrose Street North, destination will be on the right (north), Exclusions:
General
Type
Other
Style
-
Year Built
1960
Square Footage
39335.00 sqft
Taxes
-
Maintenance Fee
-
Exterior Features
Dock Height Loading, Grade Loading, Landscaped, Storage
Lot Features
Urban, Irregular Lot, None
Amenities & Utilities
Electricity Connected
Natural Gas Connected
Phone Connected
Yes
Listing courtesy of:
REGION-WIDE REAL ESTATE INC., BROKERAGE