313 ELGIN Street N, Cambridge, Ontario, N1R7G4

Property Description

An exceptional industrial property in a prime Cambridge location, featuring a 13,790 sq ft building on 2.94 acres with M3 (General Industrial) zoning. The building contains 5 units and boasts 13.5 ft clear height and 8 grade-level shipping doors (11 ft), ideal for a variety of industrial uses. Concept plans propose the addition of a 39,596 sq ft industrial building, unlocking further development potential. This offering presents strong near-term upside for investors or a strategic opportunity for owner-users. With easy access to major transportation routes, this property is well-positioned for businesses that service the surrounding Waterloo Region or GTA markets. In addition, the adjacent 11.88-acre industrial lot at 353 Elgin Street North is available for purchase, creating a larger-scale opportunity for expansion or future development. (id:64974)

Quick Facts

• Property Type: Industrial
• Bedrooms: None
• Bathrooms: None
• Living Area: 13,790 sq ft (1,281.1 m²)
• Ownership: Freehold
• Lot Size: 2.9480 acres (1.19 ha)
• Frontage: 189 ft (57.6 m)

Costs

• Annual Taxes: $17,461.91

Listing Provided by: RE/MAX Real Estate Centre Inc., Brokerage
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.