- What A 110,000 sq ft warehouse is available for sale in Guelph
- Why The seller is asking $200/sq ft
- What next The property is leased to a single tenant
A Class-B warehouse and manufacturing facility is on the market in Southwestern Ontario for $22m.
An unnamed seller is looking for $200/sq ft for the 110,000 sq ft property at 271 Massey Road in northern Guelph. Colliers has the marketing assignment.
Built in 1985, the one-storey property is divided into two segments. The first is 61,000 sq ft with a maximum clear height of 28 feet. The second is approximately 43,000 sq ft with a maximum clear height of nearly 16 feet.
The property, on over 5 acres, has one tenant, a barbecue and firepit manufacturer. There are five shipping doors at truck level and one at ground level with drive-in access. There is 4,700 sq ft of available office space.
The property is 1 km away from an entrance to Highway 6, a provincial roadway connecting to the Queen Elizabeth Way via Highway 403 at Burlington.
Region of Waterloo International Airport, the closest commercial airport, is 11 km away.
Guelph had the second highest industrial vacancy rate among Southwestern Ontario cities in 2024, at nearly 6%, according to JLL. Almost 1.3m sq ft of new industrial space was added to the area last year, the brokerage said.
