612 KING STREET E, Kitchener

2026-07-15
 

Quick Summary

Location
612 KING STREET E, Kitchener, Ontario N2G2M1
Price
$999,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
2500 sqft

MLS®#X13561026

Property 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. Existing Infrastructure & Holding Income: 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. The Investment Strategy: With significant capital improvements already completed, this property is perfectly positioned for land banking, complete redevelopment to maximize density, or repositioning the commercial space to secure strong, long-term holding yields. Property is being sold in "As-Is, Where-Is" condition. Do not miss this rare opportunity to secure a key footprint in Kitchener's primary growth node. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 2500 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 43.01 x 140 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: Commercial

Information entered by RE/MAX SKYWAY REALTY INC.
Listing information last updated on: 2026-07-28 19:08:55


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