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Caroline Marshall

carolinesellsmuskoka@gmail.com +1(705) 388-1792

$ 2,800,000

Est. payment -/mo

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Active Under Contract

326 Wellington ST Kitchener, ON N2H 5K9

22,822 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 22,822 sqft

Price per Sqft $122

MLS Listing ID 40823921

Abv Grd Liv Area 22,822

Annual Tax Amount $20,879

Lot Size 0.559 Acres

Acres 0.559

Property Sub-Type Building and Land

Source Cornerstone

Property Description

Multi-Tenant industrial investment opportunity in Kitchener. The property features a 22,822 SF two-storey building on 0.56 acres with eight units and up to 18' clear height, offering a functional mix of industrial and service space suitable for a wide range of users. Currently partially vacant, the building presents an opportunity to increase income through lease-up and repositioning. Ideal for investors seeking upside or owner-users looking to occupy a portion of the building while generating supplemental rental income. Zoned EMP-2, the property permits a broad range of uses including manufacturing, warehouse, trades, and service-based businesses, providing long-term flexibility for investors and owner-users alike. Strategically located with direct access to Wellington Street North and within close proximity to the Conestoga Parkway, the property offers strong connectivity across Waterloo Region. The surrounding area is a mix of residential and industrial uses, supporting a stable Tenant base and ongoing demand for small-bay industrial space. The building is mostly leased with multiple tenancies, providing in-place income with upside potential through future lease renewals and active management. A rare opportunity to acquire a multi-tenant industrial asset with leasing upside in a supply-constrained market.

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning EMP-2

Direction Wellington St N & St Leger St

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 96.81

Lot Depth 258.33

Garage No

Building

Lot Description Irregular Lot, Highway Access, Public Transit

Faces Wellington St N & St Leger St

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 223210057

Ownership Freehold/None

Listed by WHITNEY & COMPANY REALTY LIMITED

NEARBY SCHOOLS & PROPERTIES

Caroline Marshall

+1(705) 388-1792

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