5 Paulander Drive, Kitchener, ON N2M 5B6
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5 Paulander Drive, Kitchener, ON N2M 5B6
5 Paulander Drive, Kitchener, ON N2M 5B6
5 Paulander Drive, Kitchener, ON N2M 5B6
5 Paulander Drive, Kitchener, ON N2M 5B6
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Alex Stepanoski

Alex Stepanoski

+1(647) 896-6442
Listed by Amy Banton • RE/MAX TWIN CITY REALTY INC.
$ 1,700,000
Est. payment /mo
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Active

5 Paulander Drive Kitchener, ON N2M 5B6

6,530 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 6,530 sqft

Price per Sqft $260

MLS Listing ID 40855845

Abv Grd Liv Area 6,530

Year Built 1990

Annual Tax Amount $22,631

Property Sub-Type Building and Land

Source Cornerstone

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.

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning L1

Direction Victoria St S to Lawrence Ave, Paulander meets both Lawrence Ave and Victoria St

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Parking Features Asphalt

Lot Frontage 189.43

Lot Depth 111.63

Garage No

Building

Lot Description None

Faces Victoria St S to Lawrence Ave, Paulander meets both Lawrence Ave and Victoria St

Story 2

Foundation Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 224440024

Ownership Freehold/None

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Alex Stepanoski

Alex Stepanoski

Real Estate Agent

+1(647) 896-6442

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5 Paulander Drive