.47 Acre Lot (132' x 158'). A 3600 sqft Commercial divided into 3 - 1200sqft units along with a Legal non conforming Residential Dwelling with 2 units. 1-5 Bed and 1-3 Bed. (Very clean and updated), both with a history of always being rented. 5.35% Cap Rate. A well maintained property with many recent updates. Zoned E2-40 allows for 12 storey development with a variety of uses. Located on a busy arterial commercial corridor with close proximity to the University of Waterloo and numerous leading edge technology companies. July 2024 Phase II environmental assessment completed with no issues. All property visits must be scheduled. Call today for more info. (id:37788)
MLS® Number | 40577660 |
Property Type | Industrial |
Features | Paved Driveway |
Basement Type | Full |
Construction Material | Concrete Block, Concrete Walls |
Exterior Finish | Brick, Concrete |
Stories Total | 1 |
Size Exterior | 5085.0000 |
Size Interior | 5085 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 158 Ft |
Size Frontage | 132 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | E2-40 |
Electricity | Available |
Natural Gas | Available |
https://www.realtor.ca/real-estate/27119789/437-albert-street-waterloo
(519) 804-9934
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