612 King Street E Kitchener, Ontario N2G 2M1
$1,200,000
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:43503)
Property Details
| MLS® Number | 40754822 |
| Property Type | Other |
| Neigbourhood | King East |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Features | Southern Exposure, Visual Exposure |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | Full |
| Fire Protection | Alarm System |
| Stories Total | 2 |
| Size Exterior | 2680.0000 |
| Size Interior | 2,680 Ft2 |
| Utility Water | Municipal Water |
Land
| 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
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