416-756-1000
21
612 KING Street E
$1,350,000 Sale
Listed 44 days ago
· 0
· 0.0
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· 2680
Key Facts
Key facts for 612 KING Street E
Property Type
Other
Parking
Garage: No, 0 parking
MLS #
40754822
Size
2680 sqft
Basement
Full
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
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 t...hat 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:10452)
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Listing courtesy of: CENTURY 21 RIGHT TIME REAL ESTATE INC.
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