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612 King Street E, Kitchener, ON, N2G 2M1

MLS® # 40784619
Commercial For Sale In King East, Kitchener, Ontario
$1,100,000
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
Virtual Tour
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
612 King Street E, Kitchener, ON
  • Advertising
612 King Street E, Kitchener, ON, N2G 2M1
$1,100,000

Property Information:

Rare Opportunity in Kitchener’s SGA-2 Zone – Prime Redevelopment or Investment Property!Location, Location, Location!An unmatched opportunity awaits investors and developers in the heart of Kitchener’s high-growth Strategic Growth Area (SGA-2). This mixed-use commercial property sits on a high-exposure main street with generous zoning and exceptional redevelopment potential.Property Highlights:Over $400,000 in recent upgrades and improvementsOperating Bar & Lounge with established clientele and income streamUpdated 2-bedroom apartment above for added rental incomeAmple on-site parking and excellent street visibilityFunctional layout ideal for retail, hospitality, or professional useZoned SGA-2 – allows for mixed-use, mid-rise development up to 8 storeysStrategic Growth Area A designation in the City of Kitchener Official PlanLocated within a Major Transit Station Area (MTSA) – ideal for future urban intensificationZoning Benefits (SGA-2):Permits a wide range of commercial and residential usesEncourages mid-rise and mixed-use developmentsSupports transit-oriented growth in one of Kitchener’s most promising corridorsInvestment Potential:With significant capital improvements already completed and multiple income streams in place, this property offers strong holding income and excellent long-term upside. Whether you plan to redevelop, reposition, or land bank, this is a rare opportunity to secure a property in a prime growth node.Seller is motivated — bring a reasonable offer! Property being sold "as is" "where is"Don’t miss this rare opportunity to own a key property in one of Kitchener’s fastest-growing and most strategically located zones.Contact us today to learn more or arrange a private viewing.

Building Features:

  • Floor Space: 2500 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Floor Space (approx): 2500 Square Feet
  • Lot Depth: 140 Feet
  • Lot Features: Business Centre, City Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure
  • Lot Frontage: 43.10 Feet
  • Security Features: Alarm System, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: SGA-2
  • Sewer: Sewer (Municipal)

Courtesy of: KELLER WILLIAMS INNOVATION REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 612 King Street E, Kitchener, ON, N2G 2M1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 612 King Street E, experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 612 King Street E, experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 612 King Street E, Kitchener, ON, N2G 2M1

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$89,057.62

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.2 %

High school certificate or equivalent

29.38 %

Apprenticeship trade certificate/diploma

5.26 %

College/non-university certificate

20.94 %

University certificate (below bachelor)

0.69 %

University Degree

25.54 %

Commuter

Travel To Work

By Car

78.57 %

By Public Transit

11.65 %

By Walking

3.96 %

By Bicycle

1.98 %

By Other Methods

3.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.48 %

Houses

47.52 %

Own Vs. Rent