Prime Investment Opportunity in Kitchener!Looking for a high-potential, cash-flowing property with room to grow? This is it!This turn-key 6-unit commercial building is ideally located just minutes from DowntownKitchener and major highways (Hwy 7, 8, and 401), making it a prime spot for a wide range of businesses.Each unit comes with its own office, washroom, furnace, separate entrance, and shipping/loading door offering convenience and flexibility for tenants.With only one unit on a long-term lease and five on month-to-month, theres a huge opportunity to raise rents to current market value or re-tenant strategically.Current tenants are month to month, ready to sign a new lease with a higher amount.Zoned M2 with exciting potential for rezoning and future development, this property is a rare find for investors and developers alike.Strong revenue, flexible leases, development up side this one checks all the boxes! Don't miss out. (id:35544)
MLS® Number | X12099084 |
Property Type | Industrial |
FarmType | Other |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeExterior | 9998 Sqft |
SizeInterior | 9998 Sqft |
Type | Multi-tenant Industrial |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 137 Ft ,5 In |
SizeFrontage | 73 Ft ,2 In |
SizeIrregular | Bldg=73.21 X 137.45 Ft |
SizeTotalText | Bldg=73.21 X 137.45 Ft |
ZoningDescription | M2 |