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:37788)
MLS® Number | 40754822 |
Property Type | Other |
Amenities Near By | Public Transit |
Community Features | High Traffic Area |
Equipment Type | Water Heater |
Features | Southern Exposure, Visual Exposure |
Rental Equipment Type | Water Heater |
Basement Type | Full |
Fire Protection | Alarm System |
Stories Total | 2 |
Size Exterior | 2680.0000 |
Size Interior | 2680 Sqft |
Utility Water | Municipal Water |
Access Type | Highway Access |
Acreage | No |
Land Amenities | Public Transit |
Sewer | Municipal Sewage System |
Size Depth | 140 Ft |
Size Frontage | 43 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | Mu-2 |
https://www.realtor.ca/real-estate/28658293/612-king-street-e-kitchener
(519) 743-6666
(519) 744-1212
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