About 602 Colby Drive
602 Colby Drive represents a ±31,507 SF single tenant industrial owner-occupier or investment property in Waterloo. The Property’s layout, featuring a dedicated two-story front office space, expansive 20’ high ceiling-height manufacturing/ warehouse facility, and an auxiliary upper-level mezzanine storage area, positions it as an attractive proposition for a user-occupier or investors seeking growth potential. The Property boasts abundant power capacity, efficient drive-in and truck-level loading access, and generous on-site parking facilities for both employees and visitors. The facility is currently leased and occupied by Nasarc Technologies on a short-term basis. The Offering presents an enticing owner-occupier or investment opportunity with upside rent potential as the current lease rent is well below market rent.
Features of 602 Colby Drive
| MLS® # | 40688048 |
|---|---|
| Price | $8,200,000 |
| Bathrooms | 0.00 |
| Acres | 1.67 |
| Type | Commercial Sale |
| Sub-Type | Industrial,Building and Land |
| Status | Active |
Community Information
| Address | 602 Colby Drive |
|---|---|
| Area | 1 - Waterloo East |
| Subdivision | 118 - Colonial Acres/East Bridge |
| City | Waterloo |
| County | Waterloo |
| Province | ON |
| Postal Code | N2V 1A2 |
Amenities
| # of Garages | 0.00 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | None |
Exterior
| Lot Description | Irregular Lot, Highway Access, Industrial Park, Public Transit, Schools |
|---|---|
| Construction | Brick, Block, Metal/Steel Siding |
Additional Information
| Date Last Updated | May 18th, 2025 |
|---|---|
| Zoning | E3-27 (Flexible Industrial) |
Listing Details
| Office | CBRE LIMITED |
|---|