LOADING

404 King Street E Kitchener, Ontario N2G 2L5

3240 sqft
Air Conditioned, Central Air Conditioning Forced Air

$949,900

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 on the 2nd floor rented for $1,000.00 plus hydro and the retail section on the main floor is leased for $2,200.00 plus hydro. The apartment tenants are month to month. The store tenant has a one year lease left. The store tenant willing to stay. 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. (id:19729)

Property Details

MLS® Number 30700338
Property Type Business
Parking Space Total 7

Building

Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Water Softener, Washer
Cooling Type Air Conditioned, Central Air Conditioning
Fireplace Present No
Heating Type Forced Air
Size Interior 3240 Sqft
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Size Depth 165 Ft
Size Frontage 35 Ft
Size Irregular 0.07
Size Total 0.07 Ac|under 1/2 Acre
Size Total Text 0.07 Ac|under 1/2 Acre
Zoning Description Mu-2

Utilities

Water Available

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20132716

Interested?

Contact us for more information


Mhirteab Wondmneh
Salesperson

(519) 804-9934

Red And White Realty Inc.
24 - 271 Grey Silo Road
Waterloo, Ontario N2K 0E9

(519) 804-9934

Your Favourites

 

No Favourites Found