*Rare Opportunity for Property Ownership in Kitchener's SGA-2 Zone!* Location, location! This exceptional property offers a prime investment opportunity with strong potential for urban redevelopment. Don't miss this incredible chance to own a fully renovated commercial property on Main Street, Kitchener. *Key Features:* - Over $400,000 spent on upgrades - Successfully running Bar & Lounge - Established client base - Updated 2-bedroom apartment for extra income - Fantastic exposure and ample parking - Multi-use property *SGA-2 Zone Benefits:* - Mid-rise growth zone (up to 8 storeys) - Mixed residential and non-residential uses - Strategic Growth Area A or B designation in the City of Kitchener Official Plan *A Smart Investment Opportunity!* Contact us to learn more about this exceptional property and make it yours today!
MLS# | 40689671 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 8 |
Listing Provided By | KELLER WILLIAMS INNOVATION REALTY | Michael Afley Tewelde |
SQ Feet | 2,500 |
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Basement | Y |
Story(s) | 2 |
Zoning | MU-2 |
State | ON |
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County | Waterloo |
City | Kitchener |
Zip Code | N2G 2M1 |
Area | 2 Kitchener East |
Subarea | 212 Downtown Kitchener | East Ward |
Community Name | 212 Downtown Kitchener/East Ward |
Listing VS Median (in 212 Downtown Kitchener/East Ward) | |
Price: $1,499,000 low | high Med: $354,500 SqFt: 2,500 low | high Med: 479 $ / SqFt: $600 low | high Med: $743 On Site: 8 low | high Med: 7.500000 |