326 Wellington St N, Kitchener

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.