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Listed by Amanpreet Dhillon • Re/Max SKYWAY REALTY INC
$939,900
Est. payment /mo
2,500 SqFt
Active
612 King Street E Kitchener, ON N2G 2M1
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Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $375
MLS Listing ID 40862749
Abv Grd Liv Area 2,500
Annual Tax Amount $14,808
Property Sub-Type Building and Land
Source Cornerstone
Property Description
Prime Development & Investment Opportunity | Strategic Growth Area (SGA-2) An unmatched, high-exposure investment and redevelopment opportunity awaits in one of Kitchener's fastest-growing transit corridors. Situated on a high-visibility main street within a designated Major Transit Station Area (MTSA), this mixed-use commercial property offers exceptional long-term upside, immediate holding income potential, and generous zoning allowances. Zoning & Redevelopment Highlights (SGA-2): Incredible Density: Zoned SGA-2 under the City of Kitchener Official Plan, allowing for high-density, mid-rise, mixed-use developments of up to 8 storeys. Transit-Oriented Node: Strategically positioned within an MTSA corridor, designed to support urban intensification and transit-supportive development. Versatile Permitted Uses: The flexible zoning permits a wide range of retail, commercial, residential, and professional services. Main Level: Features a functional commercial layout, previously operating as a Bar & Lounge, offering a turnkey footprint for hospitality, retail, or office use. Upper Level: A spacious, self-contained 2-bedroom residential apartment providing immediate rental income or owner-occupant flexibility. On-Site Amenities: Generous on-site parking with excellent street frontage, signage opportunities, and exceptional pedestrian/vehicular traffic counts. Property is being sold in "As Is, Where-Is" condition. Do not miss this rare opportunity to secure this.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning SGA2
Direction King st & Stirling
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 43.0
Lot Depth 140.0
Garage No
Building
Lot Description City Lot, High Traffic Area, Hospital, Public Transit, Visual Exposure
Faces King st & Stirling
Story 1
Sewer Sewer (Municipal)
Water Well
New Construction No
Others
Senior Community No
Tax ID 225090010
Ownership Freehold/None
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