$1,090,000

Commercial For Sale In King East, Kitchener, Ontario

$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)

Building Features:

  • Basement Type: Full
  • Fire Protection: Alarm system
  • Floor Space: 2500 sqft

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Access Type: Highway access
  • Amenities Nearby: Public Transit
  • Community Features: High Traffic Area
  • Features: Southern exposure, Visual exposure
  • Floor Space (approx): 2500 Square Feet
  • Lot Depth: 140 Feet
  • Lot Frontage: 43 Feet
  • Zoning: SGA-2
  • Sewer: Municipal sewage system

Courtesy of: KELLER WILLIAMS INNOVATION REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • View of commercial location -
  • View of snow covered exterior featuring stucco siding and a cooling unit -
  • View of snow covered exterior with stucco siding -
  • View of stairway -
  • Home theater room featuring tile patterned flooring and recessed lighting -
  • Common area featuring recessed lighting -
  • View of lobby -
  • Living room featuring plenty of natural light and tile patterned flooring -
  • Dining room featuring tile patterned flooring and beam ceiling -
  • Building lobby featuring recessed lighting -
  • View of common area -
  • Kitchen with recessed lighting -
  • Indoor dry bar with dark countertops -
  • Indoor wet bar with dark countertops and recessed lighting -
  • Miscellaneous room featuring a bar, recessed lighting, and tile patterned floors -
  • Indoor dry bar featuring light tile patterned floors, recessed lighting, and electric panel -
  • Half bath with a drop ceiling and toilet -
  • Snowy aerial view with a residential view and a view of city -
  • View of snowy aerial view -
  • View of front of home featuring stucco siding -