1601 Victoria St N - Light Manufacturing FOR SALE


Kitchener, ON N2B 3E6- Kitchener North-East
$239,000 CAD
519-585-2200
1601 Victoria St N, Kitchener, ON for Sale
$239,000 CAD
Light Manufacturing - FOR SALE
1/1
null | Request Cap Rate

1601 Victoria St N
Kitchener, ON N2B 3E6
Kitchener North-East


HIGHLIGHTS

  • Automotive business assets for sale
  • With the option to create a new head lease with the landlord offering a turnkey business opportunity
  • The equipment is approximately 20 months old and was barely used

OVERVIEW

Automotive business assets for sale including a John Bean drive-on hoist with V330 wheel aligner, Hunter Road Force Elite tire balancer and Hunter Revolution tire installation machine, Daytona hoist, bead blaster, Devair compressor, shelving, office reception desk, phones, monitors, security system, plus various other items, with the option to create a new head lease with the landlord offering a turnkey business opportunity. The equipment is approximately 20 months old and was barely used. This recently renovated 2,375 SF industrial/retail street-level unit is located on busy Victoria Street North (Highway 7) in Kitchener, in close proximity to a major automotive hub surrounded by new-car dealerships including Porsche, Mercedes-Benz, BMW, Audi, Genesis, Acura, Nissan, Volkswagen, and Tesla. The space features two drive-in doors, 12’9” clear ceiling heights, two washrooms, natural gas heating in the shop area, a separate air-conditioned office area, upgraded electrical service, LED lighting throughout, and is fully plumbed for air lines. TMI includes all utilities, and the building is well maintained by the landlord, making this an ideal opportunity for an owner-operator or expanding automotive business seeking immediate operational capability in a highly visible corridor.

FOR SALE DETAILS

PRICE

$239,000 CAD

PRICE/SF

$8 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

C

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

12.75 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.9

LAND SF

126,324

ZONING

COM-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Paul ZuzanCushman & WakefieldMore Info
519-585-2200

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Paul ZuzanCushman & WakefieldMore Info
519-585-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.