114 Weber St N - Commercial LAND FOR SALE


Waterloo, ON - Waterloo North-East70,567 SF
$9,750,000 CAD
519-742-5800
114 Weber St N, Waterloo, ON for Sale
$9,750,000 CAD
Commercial LAND - FOR SALE
1/1
70,567 SF


OVERVIEW

Set on 1.62 acres, this prime future development site is currently improved with a 15,634 SF fully leased, income-producing retail plaza, offering immediate cash flow with significant long-term upside. Zoned C1-60 (high density), the property permits development up to 18 storeys with a density allowance of 675 bedrooms per hectare. Strategically located at the prominent corner of Weber Street North and Lincoln Road, the site provides excellent connectivity with convenient access to Highways 7/8 and 401. Surrounded by a high density residential community, the property benefits from exceptional exposure and strong vehicular traffic. The plaza features ample on-site free parking and is positioned among major national retailers, including Sobeys, Walmart, Shoppers Drug Mart, Tim Hortons, and numerous other established tenants, reinforcing its status as a highly desirable commercial and redevelopment opportunity.

FOR SALE DETAILS

PRICE

$9,750,000 CAD

PRICE/ACRE

$6,018,519/AC

PRICE/SF

$138 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

1.62 AC

LAND SF

70,567 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

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 Notice.