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551 Parkside Dr

12,000 SF Flex Building Waterloo, ON N2L 5E7 $3,350,000 CAD ($279 CAD/SF)

Flex Space Ontario Waterloo 551 Parkside Dr, Waterloo, ON N2L 5E7

Investment Highlights

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

Executive Summary

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.

Property Facts

Price $3,350,000 CAD No. Stories 1
Price Per SF $279 CAD Year Built 1988
Sale Type Owner User Tenancy Single
Property Type Flex Parking Ratio 1.25/1,000 SF
Property Subtype Showroom Clear Ceiling Height 22 ft
Building Class C No. Drive In / Grade-Level Doors 2
Rentable Building Area 12,000 SF
Price $3,350,000 CAD
Price Per SF $279 CAD
Sale Type Owner User
Property Type Flex
Property Subtype Showroom
Building Class C
Rentable Building Area 12,000 SF
No. Stories 1
Year Built 1988
Tenancy Single
Parking Ratio 1.25/1,000 SF
Clear Ceiling Height 22 ft
No. Drive In / Grade-Level Doors 2
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Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code E2B-60 (STATION AREA BUSINESS EMPLOYMENT TWO B (E2B) -60)
E2B-60 (STATION AREA BUSINESS EMPLOYMENT TWO B (E2B) -60)
(519) 585-2200

  • Listing ID: 33760262

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 551 Parkside Dr, Waterloo, ON N2L 5E7

The Flex Property at 551 Parkside Dr, Waterloo, ON N2L 5E7 is currently available For Sale. Contact Cushman & Wakefield for more information.

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551 Parkside Dr
(519) 585-2200 x

551 Parkside Dr

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Connor Ward

(519) 585-2200

(519) 585-2200

Jordan Palmer

(519) 585-2200

(519) 585-2200

Joshua Buffinga

(519) 585-2200

(519) 585-2200

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