2191 Kingsway Dr - Freestanding FOR SALE


Kitchener, ON N2C 1A2- Kitchener South-East
$1,999,999 CAD
519-729-2020
2191 Kingsway Dr, Kitchener, ON for Sale
$1,999,999 CAD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

2191 Kingsway Dr
Kitchener, ON N2C 1A2
Kitchener South-East


HIGHLIGHTS

  • The site benefits from convenient access to major arterial roads, providing efficient connectivity throughout Kitchener-Waterloo.
  • The property is situated within a mature employment node with proximity to amenities, services, and public transit routes.
  • The location supports a variety of commercial and employment uses, making it suitable for a broad range of occupiers.

OVERVIEW

2191 Kingsway Drive in South Kitchener offers the astute investor/developer a prime location to develop a multi residential complex that can also encompass retail on the ground floor. With just over 1/2 acre of land there is ample space to build. Its proximity to the 401 and Hwy 8, the LRT and a growing demographic makes this commercial property a long term value purchase. The corner lot provides excellent exposure and with the adjacent property also being for sale [2149-2161 Kingsway Dr.] offers an opportunity to develop something unique. Topping everything off the COMM-2 zoning fits nicely within the city's future development plans for South Kitchener. There is a building on the premises that has a tenant but the lease expires in Oct 2026.

FOR SALE DETAILS

PRICE

$1,999,999 CAD

PRICE/SF

$1,776 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant Land

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,915 SF

ZONING

Comm-2

APN/PARCEL ID

301204000204000

ASK ABOUT THIS PROPERTY

Janek JagiellowiczJagiellowicz Zeme Services Inc.More Info
519-729-2020

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Janek JagiellowiczJagiellowicz Zeme Services Inc.More Info
519-729-2020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.