Excellent Investment Opportunity with solid Net Operating Income. Beautifully renovated & well-maintained multi-story, multi-tenant, retail/medical/office. All the current tenants are in the medical field. Ample Parking. Great central Kitchener location. The property is currently leased to 6 individual tenants. Zoned Commercial Residential Three Zone (CR-3) which allows for many uses. Currently under discussion with City of Kitchener planner for a Multi-family development consisting of 250 units. Long-term leases in place with quality tenants. Space available for owner-occupied. (id:47421)
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Detailed Information
Lot
69 x 0 ft
Amenities Nearby
Public Transit
Community Features
High Traffic Area
Features
Elevator, Passenger elevator
Listing Contract Date
2024-05-01
Location Description
Corner of Benton & Church
Ownership Type
Freehold
# of Parking Spaces
29
Property Type
Office
Signage
Pylon
Transaction Type
For sale
Zoning Description
CR-3
Building
Basement Type
Full
Exterior Finish
Stone, Stucco, Vinyl siding
Fire Protection
Alarm system, Security system
Foundation Type
Poured Concrete
Stories Total
2
Size (Exterior)
15207
Utility Water
Municipal water
Utilities
Type
Description
Natural Gas
Available
Land
Total Size
0.527 acres
Amenities
Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
0.527
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