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:35544)
| MLS® Number | 40754822 |
| Property Type | Other |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | High Traffic Area |
| EquipmentType | Water Heater |
| Features | Southern Exposure, Visual Exposure |
| RentalEquipmentType | Water Heater |
| BasementType | Full |
| FireProtection | Alarm System |
| StoriesTotal | 2 |
| SizeExterior | 2680.0000 |
| SizeInterior | 2680 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 140 Ft |
| SizeFrontage | 43 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Mu-2 |
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