4417 King St E - Industrial LAND FOR SALE


Kitchener, ON N2P 2G1- Kitchener South-East122,839 SF
$7,000,000 CAD
519-340-2323

NO PHOTO

$7,000,000 CAD
Industrial LAND - FOR SALE
122,839 SF

4417 King St E
Kitchener, ON N2P 2G1
Kitchener South-East


OVERVIEW

CBRE Southern Ontario Investment Team is pleased to present 4417 King Street East and 162 Edgehill Drive (the “Property” or the “Site), a 2.82 acre medium density redevelopment opportunity located in a prime commercial node of Kitchener. The Property is strategically positioned within a thriving commercial hub, surrounded by amenities and is directly across the street from Costco and Sportsworld Crossing shopping centre. This transit-oriented Site is located near the Sportsworld Drive GO Bus Terminal, the future Sportsworld LRT stop, and offers excellent connectivity for commuters with excellent proximity to Highway 8 and Highway 401. The Vendor engaged with GSP Planning to produce various initial development concepts. Based on the planning context, existing adjacent land uses, and recent nearby approvals, GSP’s recommendation is medium-density development with a range of built-form options including a mix of apartments, conventional towns, and stacked towns. The offering represents a rare opportunity to acquire a strategically situated medium-density redevelopment Site within a highly dynamic residential market.

FOR SALE DETAILS

PRICE

$7,000,000 CAD

PRICE/ACRE

$2,482,270/AC

PRICE/SF

$57 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Commercial

LAND ACRES

2.82 AC

LAND SF

122,839 SF

OFFSITE IMPROVEMENTS

-

ZONING

COM-3 & RES-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joe BenningerCBRE, LimitedMore Info
519-340-2323

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

Joe BenningerCBRE, LimitedMore Info
519-340-2323

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