5 PAULANDER Drive, Kitchener, ON N2M5B6
5 PAULANDER Drive, Kitchener, ON N2M5B6
5 PAULANDER Drive, Kitchener, ON N2M5B6
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$1,700,000
Est. payment /mo
6,530 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 6530

Square Footage 6,530 sqft

Price per Sqft $260

Subdivision 323 - Victoria Hills

MLS® Listing ID 40855845

Year Built 1990

Property Sub-Type Freehold

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by RE/MAX TWIN CITY REALTY INC.

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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5 PAULANDER Drive