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$1,700,000
20 Days On Site

5 PAULANDER Drive
Kitchener, ON N2M 5B6

For Sale|Industrial|Active
0
Beds
0
Total Baths
6,530
SqFt
$260
/SqFt
1990
Built
Subdivision:
323 - Victoria Hills
Call Now: 548-398-6633
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548-398-6633
5 PAULANDER Drive5 PAULANDER Drive5 PAULANDER Drive5 PAULANDER Drive
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Monthly Payment (Est.)

$7,756
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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:31684)

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Listing Snapshot
Price 
$1,700,000
Days On Site 
20 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,530 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1990
MLS® Number 
40855845
Status 
Active
Property Tax 
$22,631
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Number Of Stories 
2
Parking 
Paved
Property Sub Type 
Industrial
Sewer 
Public Sewer
SqFt Total 
6530
Water Source 
Public
Zoning 
L1
Interior Features
Basement 
Full
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Exterior Features
Construction Details 
Brick

Listing courtesy of: AMY BANTON of RE/MAX TWIN CITY REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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