612 King ST E, Kitchener, ON N2G 2M1
612 King ST E, Kitchener, ON N2G 2M1
612 King ST E, Kitchener, ON N2G 2M1
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Christine Domina

Christine Domina

+1(416) 873-4747
$999,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID X13561026

Annual Tax Amount $14,808

Tax Year 2025

Property Sub-Type Commercial Retail

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. Contact us today to schedule a private viewing.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Heating Yes

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 43.01

Lot Depth 140.0

Others

Security Features No

ParcelsYN No

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Listed by RE/MAX SKYWAY REALTY INC.

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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