602 King ST E Active

Kitchener,ON N2G 2M1

$ 1200000

- Bed

- Bath

6156 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,156 sqft

Price per Sqft $194

MLS Listing ID X12389082

Annual Tax Amount $6,016

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Fantastic investment opportunity in the heart of Kitchener! This mixed-use property, located in the sought-after SGA-2 zone, offers endless potential. The main floor is currently operating as a salon, while the upper level features a 1-bedroom and 1 bathroom apartment. Ample private parking on-site adds incredible value rarely found in this area. Surrounded by essential amenities including restaurants, the Farmers Market, schools, and hospitals, with the Google office and numerous nearby condos contributing to strong commercial footfall. SGA-2 zoning permits moderate-density, mid-rise developments allowing for up to 8-storey residential buildings, modern townhomes, or mixed-use commercial/residential projects. Whether you are an investor, developer, or end-user, this property combines immediate rental income with exciting future redevelopment possibilities.

Location

Province ON

County Waterloo

Area Waterloo

Zoning MU2-541R

Interior

Cooling Partial

Exterior

Utilities Available Yes

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