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131 SHEARSON Crescent

131 SHEARSON Crescent

Cambridge, Ontario

9,991 sqft • Other

$2,899,000

Exceptional industrial opportunity at Cambridge featuring a nearly 10,000 sq. ft. building situated on a 1.07-acre parcel with desirable M3 zoning. Originally designed as four separate units, the building can easily convert back to accommodate multiple occupants or flexible operational needs. Features include four overhead doors, 13'10 clearance height, 15'8 height to the roof deck, electrical panels with step-up transformers supporting each unit, two overhead warehouse heaters, and two mezzanines maximizing storage capacity. One long-term tenant has occupied the entire property, showcasing the space's functionality and stability. Permitted M3 uses include advanced manufacturing, processing, assembly, heavy industrial operations, warehousing, transport/contractor uses, and premium outside storage. Excellent opportunity for investors, owner-users, or businesses seeking versatile industrial space in a prime location. Front access to offices has parking for 15+ vehicles.

Price History

Property

Lot Size
1.07 acres

Community

Postal area N1T

Population
18,513
Private dwellings
5,647
Median age
37.2
Average household size
3.3
Median household income
$124,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Industrial in Cambridge · last 12 months

Median sold price
$675,000
Homes sold
1,255
Median days on market
19
Sale-to-list price
100.6%

Based on 1,255 recorded sales of industrial properties in Cambridge over the last 12 months.

Location

R

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