612 KING Street E new

Kitchener,ON N2G2M1

$ 1350000

- Bed

- Bath

2680 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,680 sqft

Price per Sqft $503

Subdivision 212 - Downtown Kitchener/East Ward

MLS Listing ID 40754822

Property Sub-Type Freehold

Property Description

LOCATION LOCATION LOCATION !!! Prime SGA-2 Zoned Property on Main Street – Redevelopment Opportunity. An unmatched opportunity for investors and developers in Kitchener's high-growth Strategic Growth Area (SGA-2). This mixed-use commercial building sits on a high-exposure lot with generous zoning that allows for mid-rise development up to 8 storeys or a cluster of townhouses. Ideal for redevelopment or full renovation. Strategic Growth Area A designation in Official Plan. Existing bar/lounge with lease potential. It has 2-bedroom apartment above – needs updates but adds rental income potential. Excellent main street visibility & ample parking With over $400,000 previously invested, the property is functional but offers significant upside for a buyer with vision. Whether you're looking to redevelop, reposition, or land bank in a thriving urban corridor—this is your chance. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Building

Story 2

Sewer Municipal sewage system

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