Informations sur la propriété
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.
Particularités du bâtiment :
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Surface utile:
2500 Pieds carrés