53 Queen Street S Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2G 1V8
Key Details
Property Type Commercial
Sub Type Store with Apt/Office,Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $238
MLS Listing ID 40768063
Abv Grd Liv Area 6,500
Annual Tax Amount $14,103
Property Sub-Type Store with Apt/Office,Building Only
Source Cornerstone
Property Description
Attention Investors and Developers. PRICED 500K UNDER APPRAISED VALUE - This exceptional future development opportunity awaits in the vibrant heart of Downtown Kitchener. Positioned at the prominent corner of Queen Street and Charles Street, this property is ideally suited for those looking to capitalize on the area's rapid urban growth. Just steps from the new LRT line and Kitchener's Central Business District, it offers unmatched visibility, connectivity, and long-term value.
The free-standing building features a versatile layout with multiple income-generating possibilities. Situated directly beside a City of Kitchener parking facility, it also benefits from added convenience and accessibility. With immediate revenue potential and remarkable development upside, this is a premier investment opportunity in one of Ontario's most dynamic urban centers.
Location
Province ON
County Waterloo
Area 3 - Kitchener West
Zoning D1
Direction From King street, turn onto Queen Street S to Charles street.
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 35.0
Lot Depth 100.0
Garage No
Building
Lot Description City Lot,High Traffic Area,Highway Access,Hospital,Public Transit
Faces From King street, turn onto Queen Street S to Charles street.
Story 2
Foundation Concrete Block,Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Aluminum Siding,Stucco,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 225010010
Ownership Freehold/None