326 Wellington Street N, Kitchener, ON N2H 5K9, Kitchener, ON
22822.0 sqft
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. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
Property Highlights
For Sale
MLS NO.
X13091220
Type
Commercial
Sub Type
Industrial
Square Footage
22822.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Industrial
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13091220
Security Features
No
Lot Width
96.81
Lot Size
0.59
Lot Size Units
Acres
Garage Type
Other
Cooling
Yes
Heat Type
Radiant
Internet Address Display Yn
No
Internet Entire Listing Display Yn
No
Full Address
326 Wellington Street N, Kitchener, ON N2H 5K9
City
Kitchener
County / Region
Waterloo
Province / State
ON
Postal Code
N2H 5K9
Cross Street
Wellington St N & St Leger St
Directions
Wellington St N & St Leger St
List Price
$2,800,000
Annual Taxes
$20,880
Tax Year
2025
Legal Description
PT LT 25-29 PL 34 KITCHENER 34, PT 2, 58R7849 ; S/T RESERVATION OF MINES & MINERALS IN 889130; KITCHENER
Possession Type
Immediate
Possession Details
Immediate
Listing Office
WHITNEY & COMPANY REALTY LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-06T17:17:09Z
Media Updated
2026-05-06T17:17:10Z
Photos Updated
2026-05-06T17:17:10Z
Last Modified
2026-05-06T17:17:21Z
System Modified
2026-05-06T17:17:21.53096Z
MLS Status
New
Basement Yn
No
Co List Office Name
WHITNEY & COMPANY REALTY LIMITED
Ddfyn
No
Expiration Date
2026-10-23
Heat Type Multi
Radiant
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
223210057
Public Remarks
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. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**