Name: 250 LAWRENCE Avenue, Kitchener | MLS® 40756137
SKU: 40756137
Price: 1200000.0 CAD
Availability: InStock

$1,200,000 Sale

Listed 13 days ago

250 LAWRENCE Avenue

MLS® 40756137 Industrial

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Beds · 0

Baths · 0.0

Parking · 14

Sqft · 5215

Est. mortgage

$4,552/mo

Key Facts

Key facts for 250 LAWRENCE Avenue

Property Type

Commercial

Parking

Garage: No, 14 parking

MLS #

40756137

Size

5215 sqft

Basement

None

Listed on

Lot size

Tax

Days on Market

Year Built

1962

Maintenance Fee

Description

Exceptional Freestanding Flex Commercial Building in Central Kitchener Welcome to 250 Lawrence Avenue, a rare opportunity to acquire a versatile commercial property in the heart of Kitchener. This single-storey, freestanding flex building offers approximately 5,215 SF of total space, including 4,450... SF of professional office/flex space and 765 SF of industrial warehouse, situated on a 0.410-acre site with EMP-1 zoning. Ideal for owner-occupiers or investors seeking stable income and long-term value. Property is currently leased under a triple-net lease until March 2026 while generating $60,000+ per annum in net income. The building features ample on-site parking for 14 vehicles, pylon signage, and a communications tower at the rear. Constructed in 1962 with additions in 1966, the building has been well maintained, including a new flat roof (2023) and updated vinyl siding. Interior finishes include ceramic tile, drywall, suspended ceilings, and a mix of forced air heating and cooling systems. The warehouse space includes a drive-in overhead door and natural gas heating. The site benefits from full municipal services and excellent access to arterial roads, public transit, and nearby amenities including hospitals, schools, and retail. Designated General Industrial Employment in the Official Plan, the property supports a wide range of permitted uses including office, warehouse, manufacturing, fitness, and more. This property offers a compelling blend of location, functionality, and investment potential. Don’t miss this opportunity to secure a high-quality flex commercial asset in one of Kitchener’s most accessible and established business districts. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

5215 sqft

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

5215 sqft

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.41 ac|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

EMP-1

Land Amenities

Hospital, Public Transit

Acreage

0.41 ac|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

EMP-1

Land Amenities

Hospital, Public Transit

Building Description

Home Type

Commercial

Subtype

Industrial

Year Built

1962

Exterior

Concrete, Steel

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Commercial

Subtype

Industrial

Year Built

1962

Exterior

Concrete, Steel

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

Kitchener

Features

High Traffic Area

Area Code

Kitchener

Features

High Traffic Area

Susan Williamson

Email: [email protected] Cell: 905-407-4689