Skip to main content
40 Lancaster Street

40 Lancaster Street

Kitchener, ON

8,500 sqft • Industrial • 219 days on market

$1

Perfectly-located M2 ZONING commercial property on highly visible Lancaster St W, one of Kitchener's key arterial corridors connecting Downtown Kitchener, Bridgeport, and surrounding commercial districts. This multi-tenant commercial building has historically supported showroom, retail, service, and light industrial uses, offering excellent flexibility for a wide range of business operations. The property features strong street presence, excellent exposure, and consistent traffic flow, making it an ideal candidate for automotive-related uses, including car dealerships, specialty auto sales and could fit 60-70 veihicles total, or showroom-based businesses. The site configuration and frontage lend themselves well to vehicle display, customer parking, and easy ingress/egress, a rare combination along a corridor of this calibre. With two drive in doors and multiple man doors, the building offers adaptable interior layouts suitable for showroom space, offices, and back-of-house operations. The surrounding area is a well-established commercial node with ongoing reinvestment and redevelopment activity, enhancing long-term value and exposure. Ideal for owner-users, investors, or automotive operators seeking a prime location with high visibility, flexible usage potential, and proximity to major transportation routes. Opportunities of this nature along Lancaster Street West are increasingly scarce. Seller is willing to accommodate buyers renovation requirements to suit their business needs.

Listing Details

Taxes (2025)
$17,330
Listed
January 16, 2026

Price History

Property

Lot Size
149.2 x 140 Feet

Location & Legal

Cross Street
Victoria and lancaster
Zoning
m-2
Parcel Number
223070066
Possession
Flexible

Commercial

Occupancy
Owner

Community

Postal area N2H

Population
22,456
Private dwellings
11,453
Median age
38.4
Average household size
2.1
Median household income
$73,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,924
Median days on market
20
Sale-to-list price
101.0%

Based on 1,924 recorded sales of commercial properties in Kitchener over the last 12 months.

Listed by

RE/MAX TWIN CITY REALTY INC.

Walk Score

87

Walk

53

Transit

61

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
8,500 sq ft
Price per sq ft
$0.00
Annual property tax
$17,330
Tax per sq ft
$2.04

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences