Vancor Realty Inc
For Sale

5 PAULANDER Drive

Kitchener – Ontario

$1,700,000

MLS® Number 40855845 | Listing provided by: RE/MAX TWIN CITY REALTY INC. | Powered byREALTOR.ca

About this property

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:66549)

Details

Size
6,530 sq ft
Property type
Other
Year built
1990
Stories
2
Neighbourhood
323 - Victoria Hills
Postal code
N2M5B6
MLS® Number
40855845
Status
For Sale

Location