575 Riverbend Dr - Office FOR SALE


Kitchener, ON N2K 3S3- Kitchener North-West
$8,999,999 CAD
519-650-5800
575 Riverbend Dr, Kitchener, ON for Sale
$8,999,999 CAD
Office - FOR SALE
1/5
null | Request Cap Rate

575 Riverbend Dr
Kitchener, ON N2K 3S3
Kitchener North-West


HIGHLIGHTS

  • Located between two major highway exits offering high visibility and convenient access.
  • Approved expansion potential for office or industrial development on-site.
  • Situated within minutes of Waterloo, Guelph, and Cambridge, serving a strong regional workforce base.
  • Open-concept office layout with abundant natural light and scenic surrounding views.

OVERVIEW

575 Riverbend Drive offers a 37,000 sq. ft. office building on an expansive 3.3-acre site positioned within Kitchener’s Riverbend office node. This property boasts expressway visibility and easy access from two highway exits, facilitating regional connectivity. The site offers exceptional growth potential with up to 30,000 sq. ft. of additional office space or 40,000 sq. ft. of industrial expansion possible, creating a rare opportunity for scalability. Located just five minutes from Waterloo and 15 minutes from Guelph and Cambridge, the property benefits from proximity to Ontario’s innovation corridor. The building features a contemporary glass façade, open floor plans, and ample natural light. On-site parking, support for varied uses, and surrounding business amenities make this asset attractive for both owner-occupiers and investors. Allowable uses include office, fitness, and light industrial applications, enhancing operational flexibility. With scenic building views and location advantages, this asset provides long-term value for businesses seeking a prominent corporate setting in an established commercial hub.

FOR SALE DETAILS

PRICE

$8,999,999 CAD

PRICE/SF

$243 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

3.86 AC

LAND SF

168,142 SF

ZONING

CD

APN/PARCEL ID

301206000205390

ASK ABOUT THIS PROPERTY

Tony JohalRE/MAX Twin City Realty IncMore Info
519-650-5800

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Tony JohalRE/MAX Twin City Realty IncMore Info
519-650-5800

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