612 King Street E, Kitchener

Living area: 2680 square feet
Type: Commercial
Added: 1 month ago
Updated: 2 weeks ago
Last Checked: 1 week ago
Listed by: CENTURY 21 RIGHT TIME REAL ESTATE INC.
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Listing description
This Commercial listing at 612 King Street E Kitchener, ON with the MLS Number 40754822 listed by Tanmeet Bagga - CENTURY 21 RIGHT TIME REAL ESTATE INC. on the Kitchener market 1 month ago at $1,350,000.

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:1945)

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