5 PAULANDER Drive, Kitchener, Ontario N2M5B6

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$1,700,000
6,530
SqFt

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List Price
$1,700,000
MLS®
40855845
Days on Market
0
Status
ACTIVE
Type
Commercial
Subtype
Industrial
Living Area
6,530
Subdivision
323 - Victoria Hills

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:5764)

Additional Information

Ownership
Freehold
Subdivision
323 - Victoria Hills
Country
Canada
Sewer
Municipal sewage system
Lot Features
Paved driveway
Stories
2

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