5 Paulander Drive Kitchener, Ontario N2M 5B6

6,530 sqft

$1,700,000

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:43503)

Property Details

MLS® Number 40855845
Property Type Industrial
Neigbourhood Victoria Hills
Features Paved Driveway
Sign Type None

Building

Basement Type Full
Constructed Date 1990
Exterior Finish Brick
Stories Total 2
Size Exterior 6530.0000
Size Interior 6,530 Sqft
Type Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 112 Ft
Size Frontage 189 Ft
Size Total Text Under 1/2 Acre
Zoning Description L1

https://www.realtor.ca/real-estate/30184737/5-paulander-drive-kitchener

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