5 PAULANDER Drive

About this home

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. Zoning attached, this is a versatile industrial property offering existing income and functional space in an excellent Kitchener-Waterloo location. (id:66966)

Details

Type

Industrial

Size

6530 sq ft

Basement

Full

Property tax

$22,631

Neighbourhood

Victoria Hills

Municipality

Kitchener

Interior

Fireplace

No

Heating, cooling and services

Water and sewer

Municipal sewage system

Building and exterior

Year built

1990

Outdoor

Brick

Building area

6,530 square feet

Location

Location is approximate. See nearby homes on the map