5
See all 5 photos
$2,200,000
Est. payment /mo
1,200 SqFt
New
2191 KINGSWAY Drive Kitchener, ON N2C1A2
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $1,833
Subdivision 327 - Fairview/Kingsdale
MLS® Listing ID 40724037
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 14
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Re/Max Icon Realty