250 Pinebush Road, Cambridge
- Living area: 13055 square feet
- MLS®: 40624092
- Type: Commercial
- Added: 45 days ago
- Updated: 10 days ago
- Last Checked: 5 hours ago
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 16 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:1945)
Property Details
- Stories: 1
- Exterior Features: Steel, Concrete
- Building Area Total: 13055
- Foundation Details: Poured Concrete
- Construction Materials: Concrete block, Concrete Walls
Interior Features
- Basement: None
- Living Area: 13055
Exterior & Lot Features
- Lot Features: Visual exposure, Paved driveway
- Water Source: Municipal water
- Lot Size Units: acres
- Lot Size Dimensions: 2.16
Location & Community
- Directions: Located on Pinebush Road between Franklin Blvd. and Townline Rd.
- Common Interest: Freehold
- Subdivision Name: 40 - Centennial
- Community Features: High Traffic Area, Industrial Park
Utilities & Systems
- Sewer: Municipal sewage system
- Utilities: Natural Gas, Electricity, Telephone
Tax & Legal Information
- Tax Annual Amount: 40081.54
- Zoning Description: M-1
Additional Features
- Security Features: Alarm system, Security system
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