Address
5 Paulander Drive, Kitchener, ON
Price
$ 1,700,000
Property Attributes
- ID#40855845
- TypeCommercial
- Listing Status Active
- MunicipalityKitchener
- CityKitchener
- AreaKitchener
- Neighbourhood323 - Victoria Hills
- Postal CodeN2M 5B6
- Style
- Year Built1990
- Price$ 1,700,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage6530
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Excellent industrial investment and development opportunity in Kitchener, ideally situated near the Kitchener-Waterloo border with convenient access to both cities. The property features approximately 6,530 sq. ft. of existing industrial and office space, configured as four individual units of approximately 1,630 sq. ft. each. Each unit is arranged over two levels and offers a practical combination of approximately 815 sq. ft. of office space and 815 sq. ft. of light industrial/warehouse space, providing flexibility for a wide range of businesses and tenants. All four units feature their own drive-in door along with two washrooms—one serving the office area and a second within the warehouse space. The property offers an attractive opportunity for an investor looking for established rental income, an owner/user wanting to operate their business while benefiting from income generated by the remaining units, or a buyer looking for future expansion potential. The building has been well maintained, with a newer tar-and-gravel roof and most HVAC units replaced as required over time. Zoned EMP-2, this is a versatile industrial property offering existing income and functional space in an excellent Kitchener-Waterloo location. (id:7434)
General Features
| Features | Paved driveway |
|---|---|
| Property Type | Industrial |
| Zoning Description | L1 |
| Location Description | Victoria St S to Lawrence Ave, Paulander meets both Lawrence Ave and Victoria St |
| Building Type | Commercial Mix |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Basement Type | Full |
| Living Area Range | 6530 |
Exterior Features
| Sewer | Municipal sewage system |
|---|---|
| Exterior Finish | Brick |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in N2M 5B6
Price
Year Built
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