10 Duke Street West is located at the corner of Duke Street West and Queen Street North in Downtown Kitchener. The 0.55 acre property is improved with a three storey plus lower level heritage office building. There are 30 parking stalls located on site with additional municipal parking available immediately across the street and within a few blocks of the building.
Since 1949, The Duke has had a front-row seat to the evolution of downtown Kitchener. Now, the three-storey office building at the corner of Duke and Queen street is the first of its kind office condominium conversion. The red-brick, Georgian-style building originally housed Economical Insurance’s head office and features details like a limestone lobby and brass railings. The site is located less than 450 meters from three LRT stops (Queen and Charles, Frederick, and Kitchener City Hall) boasts a 97 walk score and is less than 5 minutes from Highway #85.
The Duke is being developed to respond to the large demand for well-located, well-priced office condominium space as an alternative to the product offered for lease or sale, with an emphasis on units in the smaller than 2,500 sq. ft. range. The business owner and investor that wants prestige product in the downtown Kitchener market generally has to settle for older buildings with dated architecture, inefficient floor plans and substandard parking, with very limited to no choice for new office ownership opportunities. Kingridge Developments is bringing the ideal opportunity to the business owner looking to purchase their own space and build equity over the long term versus renting. First occupancies are scheduled for fall 2019.
The total gross building area is 37,480 SF and is conveniently located within walking distance of many amenities including restaurants, banking, hotels and other business services. The site is located less than 450 meters from three LRT stops (Queen and Charles, Frederick, and Kitchener City Hall) and is less than 5 minutes from Highway 85.
- Iconic Georgian styled heritage office building with numerous unique details
- Outstanding opportunity to reposition the asset and increase rents significantly
- Located in the dynamic Downtown Kitchener sub-market
- Existing income in place
- Conveniently located to all amenities and other economic generators
- Well maintained building
- Ideal for owner-occupier or investor