632 Colby Drive
Waterloo, ON
Sqft
16,000
Type
Building and Land
About this Property
632 Colby Drive is a 16,000 SF multi-tenanted industrial property offering nine individually metered units ranging from 1,000 - 4,000 SF. Constructed in the mid - 1980's, each unit features 16 ft clear ceiling height, one to two drive - in doors per unit, upgrade electrical panels and transformers, and many include mezzanine storage. The property generates a projected NOI of approximately $303,000, providing stable cash flow for investors / owner users. Clean Phase II ESA, high quality surveillance system, and 65 on-site parking stalls. Situated just off Northfield Drive with direct access to Highway 8, this turnkey asset combines strong financial performance with an excellent location in Waterloo's established industrial corridor.
Listing Details
- MLS #
- 40867645
- Board
- ITSO
- Market
- ontario
- Property Type
- Building and Land
- Style
- Commercial Sale
- Parking Spaces
- 65
- Basement
- None
- Lot Size
- 180.45 × 249.9 ft
- Annual Taxes
- $34,845/yr
- Listed By
- COUPAL MARKOU COMMERCIAL REAL ESTATE INC.
- Presented By
- REMAX Hallmark®
- Listed On
- October 5, 2026
- Days on Market
- 0
Presented by REMAX Hallmark®