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    For Sale - 612 King Street, Kitchener, Ontario

    Est payment $4,797/mo
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    Views   3
    Time on Jump  28 day




    Prime development & investment opportunity | strategic growth area (sga-2) an unmatched, high-exposure investment and redevelopment opportunity awaits in one of kitchener's fastest-growing transit corridors. Situated on a high-visibility main street within a designated major transit station area (mtsa), this mixed-use commercial property offers exceptional long-term upside, immediate holding income potential, and generous zoning allowances. Zoning & redevelopment highlights (sga-2): incredible density: zoned sga-2 under the city of kitchener official plan, allowing for high density, mid-rise, mixed-use developments of up to 8 storeys. Transit-oriented node: strategically positioned within an mtsa corridor, designed to support urban intensification and transit-supportive development. Versatile permitted uses: the flexible zoning permits a wide range of retail, commercial, residential, and professional services. Existing infrastructure & holding income: main level: features a functional commercial layout, previously operating as a bar & lounge, offering a turnkey footprint for hospitality, retail, or office use. Upper level: a spacious, self-contained 2-bedroom residential apartment providing immediate rental income or owner-occupant flexibility. On-site amenities: generous on-site parking with excellent street frontage, signage opportunities, and exceptional pedestrian/vehicular traffic counts. The investment strategy: with significant capital improvements already completed, this property is perfectly positioned for land banking, complete redevelopment to maximize density, or repositioning the commercial space to secure strong, long-term holding yields. Property is being sold in "as-is, where-is" condition. Do not miss this rare opportunity to secure a key footprint in kitchener's primary growth node.
    Listing IDX13561026
    Address612 King Street
    CityKitchener, Ontario
    Price$999,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary

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    Listing Agency:  RE/MAX SKYWAY REALTY INC.

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    612 King Street
    Kitchener , Ontario
    $999,000
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