
40 Lancaster Street
Kitchener, ON
8,500 sqft • Industrial • 219 days on market
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
Walk
Transit
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.
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