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3 Industrial Drive

3 Industrial Drive

Woolwich, ON

52,885 sqft • Industrial • 567 days on market

$11,900,000

This well-maintained heavy industrial building offers a prime opportunity for investors or owner-occupiers seeking a versatile property in a highly desirable location. Conveniently situated with easy access to major highways and public transportation routes, the property also benefits from close proximity to local amenities. The building is equipped with multiple types of truck loading doors, including interior flatbed loading capabilities, and features heavy electrical power and efficient capabilities. A very nice office buildout compliments the industrial space, providing functionality. The property boasts varying ceiling heights, with clearances up to 27 feet, and zoning that accommodates a wide range of uses. Currently under a short-term lease, this property is suitable for a variety of purchasers. It also includes 68 on-site parking spaces, ensuring convenience for employees and visitors alike. With its combination of flexibility, infrastructure and accessibility, this property represents and exceptional opportunity in the industrial real estate market. **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**

Listing Details

Taxes (2024)
$59,831
Listed
February 4, 2025

Price History

Property

Lot Size
215 x 625 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Hwy 21 and First St W
Zoning
M-2 General Industrial
Parcel Number
222170053
Possession
Immediate

Commercial

Business Type
Factory/Manufacturing
Occupancy
Tenant
Office / Apartment Area
5000 Sq Ft

Community

Postal area N3B

Population
13,190
Private dwellings
4,824
Median age
38.4
Average household size
2.7
Median household income
$107,000

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

Commercial in Woolwich · last 12 months

Median sold price
$846,025
Homes sold
206
Median days on market
23
Sale-to-list price
98.4%

Based on 206 recorded sales of commercial properties in Woolwich over the last 12 months.

Listed by

COLDWELL BANKER PETER BENNINGER REALTY

Location

Commercial figures

Building area
52,885 sq ft
Price per sq ft
$225.02
Annual property tax
$59,831
Tax per sq ft
$1.13

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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