612 E King Street, Kitchener, Ontario

$939,900

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2,500

Square feet

About 612 E King Street

Prime Development & Investment Opportunity | Strategic Growth Area (SGA-2) An unmatched, high-exposure investment and redevelopment opportunity awaits in one of Kitchener's fastest-growing transit corridors. Situated on a high-visibility main street within a designated Major Transit Station Area (MTSA), this mixed-use commercial property offers exceptional long-term upside, immediate holding income potential, and generous zoning allowances. Zoning & Redevelopment Highlights (SGA-2): Incredible Density: Zoned SGA-2 under the City of Kitchener Official Plan, allowing for high-density, mid-rise, mixed-use developments of up to 8 storeys. Transit-Oriented Node: Strategically positioned within an MTSA corridor, designed to support urban intensification and transit-supportive development. Versatile Permitted Uses: The flexible zoning permits a wide range of retail, commercial, residential, and professional services. Main Level: Features a functional commercial layout, previously operating as a Bar & Lounge, offering a turnkey footprint for hospitality, retail, or office use. Upper Level: A spacious, self-contained 2-bedroom residential apartment providing immediate rental income or owner-occupant flexibility. On-Site Amenities: Generous on-site parking with excellent street frontage, signage opportunities, and exceptional pedestrian/vehicular traffic counts. Property is being sold in As Is, Where-Is condition. Do not miss this rare opportunity to secure this. (id:36535)

Features of 612 E King Street

Listing # 40862749
Price $939,900
Bathrooms 0.00
Square Footage 2,500
Acres 0.00
Type Other
Sub-Type Freehold

Community Information

Address 612 E King Street
Subdivision 212 - Downtown Kitchener/East Ward
City Kitchener
Province Ontario
Postal Code N2G2M1

Amenities

Amenities Hospital, Public Transit
Features Visual exposure
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Partial

Listing Details

OfficeCourtesy Of Re/Max SKYWAY REALTY INC

Listing Map