UPDATED:
Key Details
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Pending
Purchase Type For Sale
Square Footage 20,474 sqft
Price per Sqft $170
MLS Listing ID 40685943
Abv Grd Liv Area 20,474
Originating Board Waterloo Region
Annual Tax Amount $33,859
Lot Size 0.581 Acres
Acres 0.581
Property Sub-Type Retail,Building and Land
Property Description
Presenting an outstanding retail property with high exposure on a bustling major thoroughfare. Strategically located just outside the downtown core, this property is surrounded by well-established residential neighborhoods and within walking distance of three significant development projects that propose a total of 2,583 new residential units.
The building offers 20,474 sq. ft. of total space, featuring approximately 9,800 sq. ft. per level and ample onsite parking. Fully sprinklered for enhanced safety, the property is situated on a .581 acre lot.
Located in the SGA-3 zone, the site also presents an incredible development opportunity, with potential for an estimated 300 residential units. This makes it a prime investment for both immediate use and future growth.
This versatile property is also available for lease, providing flexibility for prospective users. Don't miss this exceptional opportunity to position your business in a high-growth area.
Please contact for more information or to arrange a tour!
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning MU-2
Direction Near the corner of King and Ottawa
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Parking Features Asphalt
Lot Frontage 127.5
Garage No
Building
Lot Description Irregular Lot, Ample Parking, City Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Faces Near the corner of King and Ottawa
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Block
New Construction No
Others
Senior Community No
Tax ID 225770061
Ownership Freehold/None