250 Lawrence Avenue Kitchener, Ontario N2M 1Y4

$1,200,000

Exceptional Freestanding Flex Commercial Building in Central Kitchener Welcome to 250 Lawrence Avenue, a rare opportunity to acquire a versatile commercial property in the heart of Kitchener. This single-storey, freestanding flex building offers approximately 5,215 SF of total space, including 4,450 SF of professional office/flex space and 765 SF of industrial warehouse, situated on a 0.410-acre site with EMP-1 zoning. Ideal for owner-occupiers or investors seeking stable income and long-term value. Property is currently leased under a triple-net lease until March 2026 while generating $60,000+ per annum in net income. The building features ample on-site parking for 14 vehicles, pylon signage, and a communications tower at the rear. Constructed in 1962 with additions in 1966, the building has been well maintained, including a new flat roof (2023) and updated vinyl siding. Interior finishes include ceramic tile, drywall, suspended ceilings, and a mix of forced air heating and cooling systems. The warehouse space includes a drive-in overhead door and natural gas heating. The site benefits from full municipal services and excellent access to arterial roads, public transit, and nearby amenities including hospitals, schools, and retail. Designated General Industrial Employment in the Official Plan, the property supports a wide range of permitted uses including office, warehouse, manufacturing, fitness, and more. This property offers a compelling blend of location, functionality, and investment potential. Don’t miss this opportunity to secure a high-quality flex commercial asset in one of Kitchener’s most accessible and established business districts. (id:43503)

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https://www.realtor.ca/real-estate/28688433/250-lawrence-avenue-kitchener