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    For Sale - 745 King Street, Kitchener, Ontario

    Est payment $5,762/mo
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    Views   4
    Time on Jump  51 day

    AI Summary *

    • Prime mixed-use corner property with high visibility and traffic exposure.
    • Generates over $101,000 in annual revenue with strong cash flow.
    • Commercial space with long-term tenant and potential for owner-operators.
    • Includes two separate parking lots for customer and resident convenience.
    • Upper levels feature three residential apartments for additional income.




    Prime mixed use investment opportunity on king st e. Enjoy unparalleled high exposure and high traffic visibility at this prime mixed-use corner property situated at the intersection of king street east and stirling avenue. This robust investment property generates over $101,000 in gross annual revenue and offers a rare combination of strong cash flow today and exceptional future redevelopment potential. The main floor commercial space, anchored by a long-term tenant, encompasses approximately 2,166 sq. Ft. And extends into a fully functional lower level with a convenient walkout to a second parking area. The commercial space was extensively renovated in 2019 and benefits from exceptional exposure along one of kitchener's busiest corridors. For owner operators and investors alike, the commercial unit is available for vacant possession, creating a unique opportunity for end users seeking a highly visible location. Further enhancing the property's appeal are 2 separate parking lots, one accessed from king street and the other from stirling avenue, providing ample parking for customers, staff, and residents. The commercial tenant currently pays utilities and property insurance, helping to keep landlord's operating costs remarkably low. The upper levels feature three residential apartments consisting of two 1-bedroom units and one 2-bedroom unit, providing stable income with significant upside potential upon future tenant turnover. Ideally located within walking distance to the ion lrt and positioned within kitchener's growing downtown development corridor, this property offers investors the rare opportunity to secure both immediate cash flow and long-term land development potential. Opportunities that combine strong income, future redevelopment possibilities, and vacant possession of commercial space are seldom available in today's market. Incredible investment opportunity.
    Listing IDX13503226
    Address745 King Street
    CityKitchener, Ontario
    Price$1,200,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Other

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    Listing Agency:  RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    745 King Street
    Kitchener , Ontario
    $1,200,000
    Get more info