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$ 1,199,000
Est. payment /mo
Active
157-159 King ST E Kitchener, ON N2G 2K8
6,680 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,680 sqft
Price per Sqft $179
MLS Listing ID X12174595
Annual Tax Amount $22,742
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Stabilized commercial property in the heart of Downtown Kitchener, ideal for investors seeking stable, immediate cash flow. This fully tenanted building features 4 individual commercial units, each occupied by established tenants with strong rental histories. Situated in a high-traffic, high-visibility area, this property offers excellent street exposure and consistent foot traffic, making it a sought-after location for local businesses. Well-maintained and thoughtfully laid out, the building includes dedicated entrances for each unit, 7 on-site parking spots, and access to nearby public parking and transit. With Kitchener's ongoing downtown revitalization and growth in the tech and creative sectors, this property is perfectly positioned to benefit from long-term appreciation.
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 35.0
Lot Depth 180.0
Others
Security Features No
Virtual Tour https://unbranded.youriguide.com/159_king_st_e_kitchener_on/
Listed by Trilliumwest Real Estate Brokerage Ltd