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INDUSTRIAL PROPERTY

FOR SALE PETER BENNINGER REALTY, BROKERAGE *

267 VICTORIA STREET, NEW HAMBURG

MLS  PROPERTY DETAILS

HIGHLIGHTS

ASKING PRICE:

$875,000.00



Free Standing Industrial Warehouse Building

PROPERTY TAXES:

$19,034.49 (2015) OR $1.17/Sq. Ft.



Easily Accessible Location, Close to Hwy 7

BUILDING SIZE:

16,217 Square Feet Total 12,699 Sq. Ft. Industrial Area 3,518* Sq. Ft. Office/ employee Area *Approximate



Very low taxes compared to K-W



Asking $53.95 per foot

CEILING HEIGHT:

13’ to 18’ Clear Height in Shop

LOADING:

1 - 8’ x 8’ truck level ship doors

average sales in K-W is @ $80.00 - $100.00 per foot

POWER:

(External Dock)



Z 10 Zoning - Uses on pages 6-7

1- 10’ x 10’ Drive in level door



Site is Clean - Recent Phase II Environmental report

1,200 Amps

completed

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

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INDUSTRIAL PROPERTY

FOR SALE

267 VICTORIA STREET | PROPERTY INFORMATION

PETER BENNINGER REALTY, BROKERAGE *

The property occupies a mid-block lot location with frontage of approximately 132 feet on the northeast side of Victoria Street with an approximate depth of 331 feet. In the town of New Hamburg, Regional Municipality of Waterloo, Ontario. Building comprising a total building area of approximately 16,217 square feet. Main floor finished office space area of approximately 1,085 square feet, a main floor industrial/manufacturing / warehouse space area of approximately 12,699 square feet, and a finished basement area of approximately 2,433 square feet. The subject property was originally constructed in 1955 as a 2,433 square foot freestanding single storey industrial/ manufacturing warehouse building with finished basement space areas of approximately 2,437 square feet situated on 1.0 Acre. Building additions to the original structure occurred in 1975 -1976 and in 1988. Clear ceiling heights in this building are approximately 10 feet on the main floor and approximately 9 feet in the basement. Clear ceiling heights in the front of the building addition area are approximately 18.5 feet and approximately 13.5 feet in the rear building addition. Recent building improvements include a new 1200 amp hydro service completed at a cost of approximately $150,000.00, a new membrane roof completed at a cost of approximately $60,000.00 together with various interior mechanical and electrical improvements which included 5 new gas fired radiant tube heaters as well as internal electrical wiring and distribution. The subject property includes a main floor office space area which includes a front hall reception area, a reception area, one 15’ x 15’ office and one 18.5’ x 10.75’ office with electrical room, storage room and two 2 piece washrooms. The front area comprises approximately 3,906 square feet and has clear ceiling heights of approximately 18.5 feet, a centrally located industrial/manufacturing warehouse space area of approximately 1,581 square feet with a clear ceiling height of approximately 12 feet, an industrial/manufacturing warehouse space area behind the front office space areas of approximately 9.5 feet and a larger rear industrial/ manufacturing warehouse space area of approximately 4,608 square feet with clear ceiling heights of approximately 13.5 feet. The subject property also includes a finished basement space area of approximately 2,433 square feet which includes 5 private office space areas, a large lunchroom area with kitchenette and washroom/laundry room area which includes a sink, connection for 1 dryer and 1 washing machine, 1 urinal, 2 sinks and 1 toilet.

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

coldwellbankercommercial.ca

INDUSTRIAL PROPERTY

FOR SALE

267 VICTORIA STREET | PROPERTY LOCATION

PETER BENNINGER REALTY, BROKERAGE *

AVAILABLE EXTRA LAND  

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

coldwellbankercommercial.ca

INDUSTRIAL PROPERTY 267 VICTORIA STREET | PROPERTY SURVEY

FOR SALE PETER BENNINGER REALTY, BROKERAGE *

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

coldwellbankercommercial.ca

INDUSTRIAL PROPERTY

FOR SALE

267 VICTORIA STREET | BUILDING DIMENSIONS

PETER BENNINGER REALTY, BROKERAGE *

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

coldwellbankercommercial.ca

INDUSTRIAL PROPERTY 267 VICTORIA STREET | PROPERTY PHOTOS

FOR SALE PETER BENNINGER REALTY, BROKERAGE *

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

coldwellbankercommercial.ca

INDUSTRIAL PROPERTY

FOR SALE

267 VICTORIA STREET | ZONING | PERMITTED USES 16.1 Permi ed Uses 

PETER BENNINGER REALTY, BROKERAGE *

16.1.7 Uses accessory to the foregoing permi ed uses, including: 

Within a Zone 10, no land shall be used and no building or structure  (a)  outdoor storage  shall be erected or used except  (b)   retail sale of goods produced or stored on site.   for the permi ed uses listed below:  (By‐law amendment 90‐78).  16.1.1  Any  manufacturing,  fabrica ng,  processing,  repair,  storage,  16.1.8 One refreshment vehicle or refreshment cart.   distribu on or transporta on opera on, except for the following:  (By‐law amendment 96‐41)  (a) a use designated as an offensive trade, business or manufacture  16.1.9 Motor Vehicles sales, service and repair.   by The Public Health Act, R.S.O. 1980 and amendments thereto;  (By‐law amendment 01‐03)  (b) a use which is or may become obnoxious, offensive or dangerous  16.2 Permi ed Uses in Zone 10a  by reasons of the presence, emission or produc on in any manner  of  odour,  dust,  smoke,  noise,  fumes,  vibra on,  refuse  ma er  or  Within  a  Zone  10a,  no  land  shall  be  used  and  no  building  or   structure  shall  be  erected  or  used  except  for  the  permi ed  uses  water carried wastes;  listed below:  (c)  a  use  which  would  require  for  its  opera on  a  standard  of   services  (par cularly  water  supply  and  waste  disposal)  which  the  16.2.1 Any repair, storage, distribu on or transporta on opera on,  except for the following:  municipality is unable or unwilling to provide;  (d) the recycling of animal products or a rendering plant.  (e) the recycling or refining of petroleum products. 

(a)  a  use  designated  as  an  offensive  trade,  business  or   manufacture  by  The  Public  Health  Act,  R.S.O.,  1980  and   amendments thereto; 

16.1.2 Veterinary Clinic 

(b)  a use which is or may become obnoxious, offensive or danger‐ ous by reasons of the presence, emission or produc on in any  16.1.3  In  connec on  with  an  industrial  use,  the  residence  of   manner  of  odour,  dust,  smoke  noise,  fumes,  vibra on,  refuse  caretaker,  supervisor  or  other  such  employee  whose  residence  on  the  premises  is  essen al,  provided  that  the  loca on  of  such   ma er or  water carried wastes;  residence shall have the approval of the Regional Medical Officer of  (c)  a  use  which  would  require  for  its  opera on  a  standard  of   Health  and  provided  that  such  residence  shall  be  an  apartment,  services  (par cularly  water  supply  and  waste  disposal)  which  the  fully  self‐contained within a main building occupied by a permi ed  municipality is unable or unwilling to provide;  use, have a floor area of not less than 37 square meters and having  a  direct means of access by stairs and/or hallways. The floor area of  (d) the recycling of animal products or a rendering plant;  the  residence  shall  not  exceed  the  lesser  of  100  square  metres  or  (e) the recycling or refining of petroleum products;  25% of the gross floor area of the building in which the residence is  (f) metal stamping.  to be situate. (By‐law amendment 96‐41)  16.1.4 Contractor, building supplies dealer/outlet or sawmill.  16.1.5 Trade School 

16.2.2  Signs  as  accessory  uses  to  the  foregoing  permi ed  uses  in   conformity with the regula ons contained in subsec on 6.15 of this  By‐law. 

16.1.6  Signs  as  accessory  uses  to  the  foregoing  permi ed  uses  in    conformity with the regula ons contained in subsec on 6.15 of this  By‐law.   

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

coldwellbankercommercial.ca

INDUSTRIAL PROPERTY

FOR SALE

267 VICTORIA STREET | ZONING | PERMITTED USES

PETER BENNINGER REALTY, BROKERAGE *

16.2.3 Uses accessory to the foregoing permi ed uses, including:  16.3.7 Maximum Building Height Four (4) storeys  (a) outdoor storage. 

16.3.8 Maximum Lot Coverage (all buildings) 50% of total lot area 

16.3 Regula ons 

16.3.9 Off‐Street Parking and Off‐Street Loading 

Within  a  Zone  10  or  Zone  10a,  no  land  shall  be  used  and  no  Off‐street  parking  and  off‐street  loading  shall  be  provided  in   building  or  structure  shall  be  erected  or  used  except  in   conformity  with  the  regula ons  contained  in  subsec ons  6.10,  6.11 and 6.12 of this By‐law.  conformity with the following regula ons:  16.3.1  All  of  the  applicable  regula ons  contained  in  Sec on   16.3.10  Notwithstanding  anything  contained  in  this  By‐law,   parking spaces may be provided in the front and flankage yards  6 – General Regula ons of this By‐law.  in  a  Zone  10  or  Zone  10a  in  accordance  with  the  following   16.3.2 Minimum Lot Area  regula on:  (a) Without Municipal Sewer 2,000 square metres or the area of  (a) that a landscaped strip of flowers, grass or shrubs, a minimum  a Recognized Lot  of  1.0  metres  in  width,  shall  be  provided  and  maintained  along  and abu ng the street, except at the loca on of the ingress and  (b) With Municipal Sewer 695 square metres  egress ramps.  16.3.3 Minimum Lot Width  16.3.11 Outdoor Storage  (a) Without Municipal Sewer 30 metres  All outdoor storage shall be located in the rear or side yard and  (b) With Municipal Sewer 22.5 metres  shall not be located within 4.5 metres of any lot line.  16.3.4 Minimum Side Yard (each side) 

16.3.12 Main and Accessory Buildings 

Equal  to  one‐half  (1/2)  building  height  but  in  no  case  less  than  4.5  metres.  On  any  side  where  a  Zone  10  or  Zone  10a  abuts  a  Zone 2, Zone 2a, Zone 2b, Zone 3 or Zone 4, the minimum side  yard shall be 7.5 metres. 

Notwithstanding  any  other  provisions  in  this  By‐law,  more  than  one main building shall be permi ed on any lot in this zone and  all  buildings  in  Zone  10  or  Zone  10a  shall  be  considered  to  be  main buildings. 

16.3.5 Minimum Rear Yard 

16.3.13 Notwithstanding any other provisions in this By‐law, only  Equal to the building height but in no case less than 7.5 metres.  those  uses  which  qualify  as  “dry  industry”  shall  be  permi ed  In any zone where the rear yard of a Zone 10 or 10a abuts a Zone  where  municipal  sewers  are  not  available  to  the  subject   2,  Zone  2a,  Zone  2b,  Zone  3,  or  Zone  4,  no  building,  structure,  property.  outdoor storage or parking shall be permi ed within 7.5 metres  16.3.14 Retail Sale as Accessory Use (By‐law amendment 90‐78).  of the rear lot line. Where any rear yard abuts a railway right‐of‐ Retail  sales  space  shall be  limited  in  size  to  25%  of  the building  way, no rear yard is required.  area occupied by the permi ed use to which it is accessory. Only  16.3.6 Buffer Strips  one accessory retail outlet shall be permi ed for each permi ed  use.  A  buffer  strip  in  conformity  with  the  regula ons  contained  in  subsec on  6.14  of  this  By‐law  shall  be  provided  along  lot  lines  that abut a Zone 2, Zone 2a, Zone 2b, Zone 3, or Zone 4.   

John Hoffman, Sales Representative [email protected] Phone: 519-743-5211 Ext: 3040 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009

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