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686 King Street E Kitchener, Ontario N2G 2M3

2,800 ft2

$1,450,000

LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and offers strong potential for urban redevelopment. Please note: business is not included in the sale — land and building only. 2024 Hydro: $2718.22 2024 Water and Gas: $4002.30 2024 Repairs and Maintenance: $4297.63 (id:51158)

MLS: 40731269 For sale : 686 KING Street E LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and offers strong potential for urban redevelopment. Please note: business is not included in the sale — land and building only. (id:51158)

Property Details

MLS® Number 40731269
Property Type Other
Amenities Near By Public Transit
Community Features High Traffic Area
Equipment Type Water Heater
Features Paved Driveway
Rental Equipment Type Water Heater

Building

Basement Type Full
Constructed Date 1902
Construction Material Wood Frame
Exterior Finish Brick, Wood
Stories Total 2
Size Exterior 2800.0000
Size Interior 2,800 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 110 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Mu-2, 541r

https://www.realtor.ca/real-estate/28364686/686-king-street-e-kitchener

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