625 King St E, Kitchener, ON N2G 2M2, Canada
625 King St E, Kitchener, ON N2G 2M2, CanadaBasics
- Date added: Added 1 day ago
- Category: Commercial Sale
- Type: Building and Land
- Status: Active
- County Or Parish: Waterloo
- MLS ID: 40862749
Description
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Description:
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.
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Location
- Directions: King st & Stirling
Building Details
- Building Area Total: 2500 sq ft
Amenities & Features
- Water Source: Well
- Sewer: Sewer (Municipal)