100 Erb St E - Office FOR SALE


Waterloo, ON N2J 1L9- Waterloo Uptown
$8,100,000 CAD
519-742-5800
100 Erb St E, Waterloo, ON for Sale
$8,100,000 CAD
Office - FOR SALE
1/13
null | Request Cap Rate

100 Erb St E
Waterloo, ON N2J 1L9
Waterloo Uptown


OVERVIEW

This exceptional commercial property combines modern functionality with long-term value, thanks to a comprehensive renovation and expansion completed in 2014. Key upgrades and features include: Capital Improvements • Extensive Renovation & Addition (2014): Complete overhaul of building systems, infrastructure, and design by Schiedel Construction. • Parking Lot Redesign (2014): Newly constructed and professionally designed for optimal traffic flow and accessibility. • Roof Replacement (2014): High-quality roofing system installed, offering peace of mind and reduced maintenance. • Exterior Lighting Upgrade (2024): LED pole lights installed for enhanced visibility and energy efficiency. Building Systems • HVAC, Furnace & Boiler Systems: All mechanical systems replaced in 2014, offering efficient performance and reliability. • Heating: Boiler and KVAC units • Emergency Power: Outdoor back up generator on site. Stand alone Cummins 350KW diesel Genset ensures uninterrupted operations during power outages. • Fire & Life Safety: Monitored GE fire alarm system and AEDs installed per health & safety standards. Security & Access • Secure Entry: Card access system and Integra Axiom security ensure controlled and monitored access throughout the building. • Elevator:Delta standard passenger elevator (installed 2014), hydraulic-driven with reception-level access control. Interior Features • Lighting: Combination of T8 and T5 fluorescent lighting, providing bright and efficient workspace illumination. • Windows: Sealed Thermopane commercial-grade units for energy efficiency and comfort. • Telecom/Internet: Reliable service provided by Bell, supporting high-speed connectivity. Additional Amenities • Acoustic Comfort: Logison sound masking system enhances workplace privacy and reduces noise. • Staff Facilities: Fully equipped lunchroom with commercial 2-door fridge, freezer, and dishwasher. • Water Management: Water softener and an irrigation system (currently deactivated for conservation). • Waste Management: Moloks for waste and recycling

FOR SALE DETAILS

PRICE

$8,100,000 CAD

PRICE/SF

$294 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

7.75 AC

LAND SF

337,661 SF

ZONING

C4-20

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lester TobinColdwell Banker Commercial Peter Benninger RealtyMore Info
519-742-5800

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Lester TobinColdwell Banker Commercial Peter Benninger RealtyMore Info
519-742-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.