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$ 1,200,000
Est. payment /mo
Price Dropped by $150K
602 King ST E Kitchener, ON N2G 2M1
6,156 SqFt
UPDATED:
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
Lot Depth 140.0
Lot Front 43.0
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
Lot Frontage 43.0
Lot Depth 140.0
Others
Security Features No
Listed by CENTURY 21 RIGHT TIME REAL ESTATE INC.
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