612 KING Street E, Kitchener, Ontario, N2G 2M1

MLS® # 40784619

new listing

Commercial For Sale In King East, Kitchener, Ontario

$1,090,000

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View of front of home featuring stucco siding - 612 King Street E, Kitchener, ON

View of commercial location - 612 King Street E, Kitchener, ON

View of snow covered exterior featuring stucco siding and a cooling unit - 612 King Street E, Kitchener, ON

View of snow covered exterior with stucco siding - 612 King Street E, Kitchener, ON

View of stairway - 612 King Street E, Kitchener, ON

Home theater room featuring tile patterned flooring and recessed lighting - 612 King Street E, Kitchener, ON

Common area featuring recessed lighting - 612 King Street E, Kitchener, ON

View of lobby - 612 King Street E, Kitchener, ON

Living room featuring plenty of natural light and tile patterned flooring - 612 King Street E, Kitchener, ON

Dining room featuring tile patterned flooring and beam ceiling - 612 King Street E, Kitchener, ON

Building lobby featuring recessed lighting - 612 King Street E, Kitchener, ON

View of common area - 612 King Street E, Kitchener, ON

Kitchen with recessed lighting - 612 King Street E, Kitchener, ON

Indoor dry bar with dark countertops - 612 King Street E, Kitchener, ON

Indoor wet bar with dark countertops and recessed lighting - 612 King Street E, Kitchener, ON

Miscellaneous room featuring a bar, recessed lighting, and tile patterned floors - 612 King Street E, Kitchener, ON

Indoor dry bar featuring light tile patterned floors, recessed lighting, and electric panel - 612 King Street E, Kitchener, ON

Half bath with a drop ceiling and toilet - 612 King Street E, Kitchener, ON

Snowy aerial view with a residential view and a view of city - 612 King Street E, Kitchener, ON

View of snowy aerial view - 612 King Street E, Kitchener, ON

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612 KING Street E, Kitchener, Ontario, N2G 2M1

$1,090,000

Property Information:

MOTIVATED SELLER - Rare Opportunity in Kitchener’s SGA-2 Zone – Prime Redevelopment or Investment Property! Location, Location, Location! An unmatched opportunity awaits investors and developers in the heart of Kitchener’s high-growth Strategic Growth Area (SGA-2). This mixed-use commercial property sits on a high-exposure main street with generous zoning and exceptional redevelopment potential. Property Highlights: Over $400,000 in recent upgrades and improvements Operating Bar & Lounge with established clientele and income stream Updated 2-bedroom apartment above for added rental income Ample on-site parking and excellent street visibility Functional layout ideal for retail, hospitality, or professional use Zoned SGA-2 – allows for mixed-use, mid-rise development up to 8 storeys Strategic Growth Area A designation in the City of Kitchener Official Plan Located within a Major Transit Station Area (MTSA) – ideal for future urban intensification Zoning Benefits (SGA-2): Permits a wide range of commercial and residential uses Encourages mid-rise and mixed-use developments Supports transit-oriented growth in one of Kitchener’s most promising corridors Investment Potential: With significant capital improvements already completed and multiple income streams in place, this property offers strong holding income and excellent long-term upside. Whether you plan to redevelop, reposition, or land bank, this is a rare opportunity to secure a property in a prime growth node. Seller is motivated — bring a reasonable offer! Property being sold as is where is Don’t miss this rare opportunity to own a key property in one of Kitchener’s fastest-growing and most strategically located zones. Contact us today to learn more or arrange a private viewing. (id:27)