Maureen Wildfong
Direct: 519-525-9954
Office: 519-527-1577

40 Lancaster Street, Kitchener, ON, N2H 4S9

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For Sale, ID#: 40388760
40 Lancaster Street
Kitchener ON
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0 Beds
0 Bath
$1,999,000

First time offered for sale since 1978! ORION ONE is looking for a new owner! Well maintained property, centrally located in KW, building & land for sale on a busy intersection of Lancaster & Breithaupt, close to Expressway, 0.46 acre parcel with 6,520 Sq/Ft freestanding solid building plus 400 Sq/Ft Portable plus 1,995 Sq/Ft basement. This property offers an "Owner Occupier" space of 2,457 Sq/Ft for buyer's business plus an investment property with 3 tenants. Each tenant pays own utilities. Unit A "Orion One" is currently owner occupied 2,457 Sq/Ft on main level plus the owner uses the 1,995 sq/ft basement for storage. Unit B - 970 Sq/Ft & Unit D - 2,700 Sq/ft both new units, underwent a major alteration and updates in 2021, both have very good tenants with leases. Unit C has 393 Sq/Ft + uses a 400Sq/Ft Portable for storage, tenant pays month-to-month. The building has new electrical, new roof 2020 (Over $100K spent), 6 washrooms (2 are new & universal with wheelchair access), 4 Hydro meters, 3 Furnaces (2 are brand new). Current zoning M-2 allows many uses, please view attachment. Seller prefers to sell by May 31st. Don't miss this icon building, grab the opportunity, book your viewing today!

Representative
Maureen Wildfong
Maureen WildfongSales Representative
RE/MAX Reliable Realty Inc., Brokerage
Property Details
  • Property Address: 40 Lancaster Street, Kitchener, ON, N2H 4S9
  • Property Type: Commercial Sale
  • Zoning Description: M-2
  • Acreage: 0.46
  • Sewage Type: Sewer (Municipal)
  • Water Type: Municipal
  • Total Parking Spaces: 15
  • Waterfront Type: false
  • Maintenance Fee: 0.00
Structure Details
  • Storeys: 1
  • Building Age: 1948
  • Basement Type: Partial, Finished
  • Cooling: Energy Efficient
  • Exterior Type: Block
  • Structures: Building and Land
Amenities / Features
  • Irregular Lot
  • High Traffic Area
  • Highway Access
  • Visual Exposure
Neighbourhood Information

Listing Offices: RE/MAX TWIN CITY REALTY INC., RE/MAX Twin City Realty Inc.

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40 Lancaster Street, Kitchener, ON, N2H 4S9
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