334 Manitou Dr - Showroom FOR SALE


Kitchener, ON N2C 1L3
$11,500,000 CAD
519-340-2315
334 Manitou Dr, Kitchener, ON for Sale
$11,500,000 CAD
Showroom - FOR SALE
1/4
null | Request Cap Rate

334 Manitou Dr
Kitchener, ON N2C 1L3


HIGHLIGHTS

  • Ample parking
  • Access to public transit and highway
  • Retail amenities nearby
  • High exposure location
  • Heavy commercialized area
  • Heavy daytime foot traffic area

OVERVIEW

Introducing an exceptional opportunity at 334 Manitou, where a brand-new sale offering awaits! This unique branding opportunity encompasses 23,625 square feet of Service Commercial space, nestled on a sprawling 2-acre parcel of land in the Huron Park neighbourhood of Kitchener. Distinguished by its recently renovated, modern facade, this property effortlessly stands out amidst the bustling cityscape, benefiting from a high traffic count (26,250 vehicles/day). The site boasts a new pylon sign, professionally landscaped surroundings, and an additional income stream from an on-site billboard. The property features two truck level doors and one drive-in door, along with a clear height of 14 feet. There is an option to convert a large window on the North side into a drive-in door as needed. Conveniently situated, this property offers excellent accessibility with Highway 8 and 401 mere 5 kilometers away and has four easily accessible public transit stops along Manitou. This property falls within an employment zone, designated with EMP-2 zoning. The EMP-2 zoning classification allows for a diverse range of uses, catering to various businesses such as Design Studios, Day Cares, Fitness Centers, Garden Centers, Warehousing, Restaurants, and Manufacturing, among others. Notably, the property's advantageous location offers easy access to a plethora of local amenities along Fairway Road and is conveniently situated near the Homer Watson Business Park.

FOR SALE DETAILS

PRICE

$11,500,000 CAD

PRICE/SF

$487 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

3

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.99

LAND SF

86,684

ZONING

EMP-2

APN/PARCEL ID

301204002200700

ASK ABOUT THIS PROPERTY

Todd CooneyCBRE, LimitedMore Info
519-340-2315

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Todd CooneyCBRE, LimitedMore Info
519-340-2315

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