9,000 sqft
Acreage
$6,000,000
440 Weber Street offers a rare land-banking and redevelopment opportunity in a prime North Waterloo growth corridor. The property comprises 2.318 acres with strong Weber Street frontage and is ideally located near the University of Waterloo, Wilfrid Laurier University, the UW Research & Technology Park, Conestoga Mall, and Uptown Waterloo. The site includes an approximately 9,000 square foot, two-storey commercial building, currently partially tenanted with the balance owner occupied, providing interim holding income and operational flexibility. Existing improvements support continued use while long-term redevelopment plans are evaluated. A large surface parking area further enhances future site planning potential. Zoned E1-40, the property permits a wide range of commercial and employment uses and presents significant long-term intensification potential. The surrounding area is evolving, with a neighbouring property advancing plans for a high-density mixed-use development, reinforcing the site’s appeal as a future redevelopment opportunity. This offering is well suited for developers and investors seeking scale, income during hold, and long-term upside in one of Waterloo’s most desirable and supply-constrained locations. (id:47351)
Property Details
|
MLS® Number
|
40800931 |
|
Property Type
|
Institutional - Special Purpose |
|
Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
High Traffic Area |
|
Features
|
Visual Exposure |
Building
|
Basement Type
|
Full |
|
Exterior Finish
|
Brick |
|
Stories Total
|
2 |
|
Size Exterior
|
9000.0000 |
|
Size Interior
|
9,000 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Highway Access |
|
Acreage
|
Yes |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
466 Ft |
|
Size Frontage
|
376 Ft |
|
Size Irregular
|
2.318 |
|
Size Total
|
2.318 Ac|2 - 4.99 Acres |
|
Size Total Text
|
2.318 Ac|2 - 4.99 Acres |
|
Zoning Description
|
E1-40 |
https://www.realtor.ca/real-estate/29291226/440-weber-street-n-waterloo