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$8,500,000
Status: OFF MARKET
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8434294 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :12 Jun, 2024 (192 Days ago) |
| Source | :TRREB |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N2G 3H1
|
| Price | : $8,500,000 |
|---|---|
| Property Taxes | :$27298.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Corner of Benton & Church street |
|---|
| Fireplace/Stove | :No |
|---|
12 Jun, 2024
TREB #X8434294
Available
$8500000.0
