404 King Kitchener ON N2G 2L5

For Sale | Commercial
$1,199,900.00
3240.00 sq ft
MLS# Kitchener – Waterloo
if(Excellent downtown Kitchener location across the street from the Kitchener Farmers' Market and close proximity to the LRT. Also known as 406 and 408 King Street E. Fantastic opportunity to start your own business located on King Street in Kitchener!!! Entrance facing King Street with a seven parking space at the back. Currently, running as a specialty retail store with a 3 bedroom apartment above with three separated hydrometers. Zoning allows (MU-2) for many uses such as retail, office, mixed-use, financial establishment, or office, craftsman shop, etc. With a total of $50,000 recent updates including Furnace (2016), Air conditioner (2016), New flooring on the 1st floor (2016), Water Heater owned (2016), Water Softener (2016). Washer (2016), Dryer (2016), Dishwasher (2016) and Microwave (2016). Currently, the 3 bedroom apartment and the main floor retail store is rented. The current tenant is on a three-year lease. The store tenant willing to stay after the lease expires. Either run your own retail business without the cost of leasing or lease out the retail space and also enjoy the extra income. Tons of options to turn this amazing core location into a consistent business income, with the possibility of tremendous appreciation down the road. Don't miss out -book your private showing today and start on the road to financial independence. != null) {

Description

Excellent downtown Kitchener location across the street from the Kitchener Farmers' Market and close proximity to the LRT. Also known as 406 and 408 King Street E. Fantastic opportunity to start your own business located on King Street in Kitchener!!! Entrance facing King Street with a seven parking space at the back. Currently, running as a specialty retail store with a 3 bedroom apartment above with three separated hydrometers. Zoning allows (MU-2) for many uses such as retail, office, mixed-use, financial establishment, or office, craftsman shop, etc. With a total of $50,000 recent updates including Furnace (2016), Air conditioner (2016), New flooring on the 1st floor (2016), Water Heater owned (2016), Water Softener (2016). Washer (2016), Dryer (2016), Dishwasher (2016) and Microwave (2016). Currently, the 3 bedroom apartment and the main floor retail store is rented. The current tenant is on a three-year lease. The store tenant willing to stay after the lease expires. Either run your own retail business without the cost of leasing or lease out the retail space and also enjoy the extra income. Tons of options to turn this amazing core location into a consistent business income, with the possibility of tremendous appreciation down the road. Don't miss out -book your private showing today and start on the road to financial independence.

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Building

  • Building Name
  • Construction
  • Cooling
    Central Air

Land

  • Zoning
    MU-2

Location

404 King Kitchener ON N2G 2L5

Sales Representative

MHIRTEAB WONDMNEH

Brokerage

RED AND WHITE REALTY INC.

Price Information

  • Sale Price
    $1,199,900.00