See all 5 photos
5 photos
REQUEST A TOUR
$2,200,000
Est. payment /mo
1,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $1,833
MLS Listing ID X12158953
Building Age 51-99
Annual Tax Amount $18,443
Tax Year 2024
Property Sub-Type Land
Lot Depth 153.0
Lot Front 129.27
Property Description
Located at 2191 Kingsway Drive, this commercial property offers exceptional visibility and accessibility in a bustling area of Kitchener. The building is currently vacant. The property benefits from its proximity to major thoroughfares, including Highway 8 and the 401, ensuring seamless connectivity for businesses and customers alike. With a zoning designation that supports a variety of commercial uses, this is a significant opportunity for an investment buyer. The COM-2 zoning of the property encourages multi-residential dwelling units on the upper floors and commercial retail units on the main floor. Development concepts reviewed with the city include a multi-level residential rental building with up to 36 units, as well as an alternative concept featuring 24 units in a stacked townhouse complex with a main floor commercial/retail business package. This location presents a valuable opportunity for retailers, service providers, or investors seeking a strategic position in a vibrant neighborhood.
Location
Province ON
County Waterloo
Area Waterloo
Zoning COM-2
Interior
Cooling No
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 129.27
Lot Depth 153.0
Read Less Info
Listed by RE/MAX ICON REALTY