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403 Albert St 5,473 SF Retail Building Waterloo, ON N2L 3V2 $1,971,044 USD ($360.14 USD/SF)
INVESTMENT HIGHLIGHTS
- Easily accessible via public transit.
- E2-40 zoning permits a range of uses such as advanced tech, light industrial, medical clinics and more.
- LRT stop just a short 13-minute walk away.
EXECUTIVE SUMMARY
Prime 5,473 SF commercial property on a .602-acre lot, with 28 parking spaces. Zoned E2-40, this versatile building accommodates office, medical clinics, light industrial, and ancillary uses. Includes 12 enclosed offices, 2 boardrooms, 2 open work areas, a welcoming reception area, storage, and kitchen. Roof replaced in 2013, and updated HVAC (2016). Strategically located near University of Waterloo, Wilfrid Laurier University, David Johnston Research & Tech Park, and the future hospital (2035). Conveniently accessible by public transit, with an LRT stop just a 13-minute walk away.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,473 SF
Building Class
B
Year Built
1986
Price
$1,971,044 USD
Price Per SF
$360.14 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.60 AC
Zoning
E2-40 - Employment Industrial
Parking
28 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
153’ on Albert Street
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
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403 Albert St
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