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2 178 Louisa St 16,218 SF 100% Leased Retail Building Kitchener, ON N2H 5M5 $4,271,801 USD ($263.40 USD/SF)
Executive Summary
Rare triple-frontage commercial and industrial property on the Weber Street West corridor. Currently owner-operated across 3 freestanding buildings totaling 16,218 sf and 12 separately leasable units. Significant income potential upon new ownership. The showroom features soaring open-web truss ceilings, floor-to-ceiling windows, glass-enclosed private office, vehicle ramp, 200A/600V electrical service, and a fully finished 1,319 sf basement with kitchen and washroom. Compound includes multiple drive-in industrial and storage units with varying ceiling heights up to 21 feet. Approx. 150 combined parking stalls across the full L-shaped site. Weber corridor, Innovation District, and ION LRT adjacency provide strong development upside.RES-5 legal non-conforming use. Real property only — business not included. MLS 40839126
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,218 SF
Building Class
C
Year Built
1953
Price
$4,271,801 USD
Price Per SF
$263.40 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.39 AC
Zoning
RES-5 - Low-rise residential zoning, Auto Dealership is legal non conforming use.
Parking
150 Spaces (9.25 Spaces per 1,000 SF Leased)
Frontage
58’ on Louisa St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Xtreme Car Rental
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Xtreme Car Rental | - | - | - | - |
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 10
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2 | 178 Louisa St
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