745 King Street E Kitchener, Ontario N2G 2M4
$1,200,000
PRIME MIXED USE INVESTMENT OPPORTUNITY ON KING ST E. Enjoy unparalleled high exposure and high traffic visibility at this prime mixed-use corner property situated at the intersection of King Street East and Stirling Avenue. This robust investment property generates over $101,000 in gross annual revenue and offers a rare combination of strong cash flow today and exceptional future redevelopment potential. The main floor commercial space, anchored by a long-term tenant, encompasses approximately 2,166 sq. ft. and extends into a fully functional lower level with a convenient walkout to a second parking area. The commercial space was extensively renovated in 2019 and benefits from exceptional exposure along one of Kitchener's busiest corridors. For owner operators and investors alike, the commercial unit is available for vacant possession, creating a unique opportunity for end users seeking a highly visible location. Further enhancing the property's appeal are 2 separate parking lots, one accessed from King Street and the other from Stirling Avenue, providing ample parking for customers, staff, and residents. The commercial tenant currently pays utilities and property insurance, helping to keep landlord's operating costs remarkably low. The upper levels feature three residential apartments consisting of two 1-bedroom units and one 2-bedroom unit, providing stable income with significant upside potential upon future tenant turnover. Ideally located within walking distance to the ION LRT and positioned within Kitchener's growing downtown development corridor, this property offers investors the rare opportunity to secure both immediate cash flow and long-term land development potential. Opportunities that combine strong income, future redevelopment possibilities, and vacant possession of commercial space are seldom available in today's market. Incredible Investment Opportunity. (id:43681)
房源概要
| MLS® Number | 40841583 |
| 房源类型 | Other |
| 附近的便利设施 | 公共交通 |
| 社区特征 | High Traffic Area |
详 情
| 地下室类型 | Partial |
| 建材 | 木头 Frame |
| 外墙 | 砖, Metal, 木头, Shingles |
| 储存空间 | 3 |
| Size Exterior | 4166.0000 |
| 内部尺寸 | 4166 Sqft |
| 类型 | Residential Commercial Mix |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地便利设施 | 公共交通 |
| 污水道 | 城市污水处理系统 |
| 土地宽度 | 80 Ft |
| Size Total | 0|under 1/2 Acre |
| 规划描述 | C5 |
https://www.realtor.ca/real-estate/29941895/745-king-street-e-kitchener
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REALTORS® Association of Hamilton-Burlington
RE/MAX Twin City Faisal Susiwala Realty
September 29 2026 04:31:04
