$2,800,000 FOR SALE

Office

Lot: 106 x 193 ft

92 Erb Street E
Waterloo, ON N2L 1L9

ATTENTION INVESTORS & DEVELOPERS – ALMOST ½ ACRE (0.482 ac) NEAR UPTOWN WATERLOO... THE PRESENT... An exceptionally finished office with 3,094 sq feet of total space on the main floor, lower level, basement and attic. Plenty of storage in the finished basement with a beautiful 4 bedroom residence upstairs. Oversee your business directly from home. With parking for approx. 25+ cars, there is ample parking for your Customers and Employees. Even a park-like side yard area perfect for Company BBQ Events outside. Current C4-20 Zoning outlines potential for redevelopment to a six-storey apartment building. THE FUTURE... The City of Waterloo has indicated that the site will have the zoning re-designated ‘Medium Rise Residential’ through the OP Review process. The Seller is told this process is underway awaiting consultation with GRCA re: Uptown Waterloo’s Special Policy Area which crosses the back of the property. Further, this property is included in The City of Waterloo’s new and upcoming “Community Planning Permit System” A proposed smoother permit process. (id:47423)

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Listed By Royal LePage Wolle Realty
Data Provided By Cornerstone - Waterloo Region
MLS® Listing Number 40631646
Last Updated Aug 15, 2024
Property Summary
Property Type Office

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Price History
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Detailed Information
Lot 106 x 193 ft
Amenities Nearby Hospital, Public Transit, Schools
Community Features High Traffic Area
Equipment Other, Water Heater
Features Southern exposure
Listing Contract Date 2024-08-09
Location Description From Uptown Waterloo Go East on Erb St (one way) to just past Tweed St.
Ownership Type Freehold
Property Type Office
Rental Equipment Other, Water Heater
Transaction Type For sale
Zoning Description C4-20
Building
Basement Type Partial
Exterior Finish Aluminum siding, Brick
Foundation Type Poured Concrete
Stories Total 3
Size (Exterior) 3094.45
Utility Water Municipal water
Land
Total Size 0.482 acres
Access Type Highway access
Amenities Hospital, Public Transit, Schools
Sewer Municipal sewage system
Size of Irregular Land 0.482

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