612 King Street E Kitchener, Ontario N2G 2M1

2,680 ft2

$1,350,000

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. (id:47351)

Property Details

MLS® Number 40754822
Property Type Other
Amenities Near By Public Transit
Community Features High Traffic Area
Equipment Type Water Heater
Features Southern Exposure, Visual Exposure
Rental Equipment Type Water Heater

Building

Basement Type Full
Fire Protection Alarm System
Stories Total 2
Size Exterior 2680.0000
Size Interior 2,680 Ft2
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 140 Ft
Size Frontage 43 Ft
Size Total Text Under 1/2 Acre
Zoning Description Mu-2

https://www.realtor.ca/real-estate/28658293/612-king-street-e-kitchener