612 King Street E Active

Kitchener,ON N2G 2M1

$ 1350000

0 Bed

- Bath

2680 SqFt


Key Details

Property Type Commercial

Sub Type Mixed,Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,680 sqft

Price per Sqft $503

MLS Listing ID 40754822

Abv Grd Liv Area 2,680

Annual Tax Amount $14,808

Property Sub-Type Mixed,Commercial

Source Waterloo Region

Property Description

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.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning MU-2

Direction King St E & Stirling St S

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 43.1

Lot Depth 140.0

Garage No

Building

Lot Description Business Centre,City Lot,High Traffic Area,Highway Access,Public Transit,Visual Exposure

Faces King St E & Stirling St S

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 225090010

Ownership Freehold/None

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