Kitchener, ON N2K 3S3,575 Riverbend Drive
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Kitchener, ON N2K 3S3,575 Riverbend Drive
Kitchener, ON N2K 3S3,575 Riverbend Drive
Kitchener, ON N2K 3S3,575 Riverbend Drive
Kitchener, ON N2K 3S3,575 Riverbend Drive

$9,000,000

Est. payment /mo

$9,200,000

2.2%
Est.Price: ?

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575 Riverbend Drive Kitchener, ON N2K 3S3

37,000 SqFt

SOLD DATE : 05/30/2023

Key Details

Sold Price $9,000,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 37,000 sqft

Price per Sqft $243

MLS Listing ID 40284365

Sold Date 05/30/23

Abv Grd Liv Area 37,000

Originating Board Waterloo Region

Annual Tax Amount $141,449

Lot Size 3.304 Acres

Acres 3.304

Property Description

A signature ~37,000 SF office building in Lancaster Corporate Centre. Central,
easily accessible location. Highly visible from the Expressway. Over 5/1000
parking. All in a park like setting with amenities close by and the Walter Bean
Grand River Trail only steps away. Property is zoned industrial and has a
variety of expansion potential of the building such as an additional 40,000 SF
of Office or 30,000 SF of Industrial. Currently tenanted until February 2023.

Location

Province ON

County Waterloo

Area 1 - Waterloo East

Zoning B-2 107U

Direction Located Between Lancaster Street West and Wellington Street North.

Rooms

Basement None

Kitchen 0

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Lot Frontage 198.0

Garage No

Building

Lot Description Urban, Airport, Ample Parking, Business Centre, High Traffic Area, Highway Access, Major Highway, Public Transit, Shopping Nearby, Trails

Faces Located Between Lancaster Street West and Wellington Street North.

Story 2

Sewer Sanitary

Water Municipal

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 227120053

Ownership Other

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Listed by COLLIERS MACAULAY NICOLLS INC.

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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