53 Queen St S - Storefront Retail/Residential FOR SALE


Kitchener, ON N2G 1N8- Kitchener Central
$1,399,000 CAD
844-774-0899
53 Queen St S, Kitchener, ON for Sale
$1,399,000 CAD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

53 Queen St S
Kitchener, ON N2G 1N8
Kitchener Central


HIGHLIGHTS

  • Prime Downtown Location: Situated at Queen Street South and Charles Street East in the heart of Kitchener.
  • Directly across from the LRT line and steps from City Hall, courthouse, and Conestoga College Downtown Campus.
  • Close to museums, shops, restaurants, and essential amenities.
  • Main level leased to stable tenant, Upper level includes two self-contained 4-bedroom apartments with dedicated exterior stairwells.
  • Exceptional opportunity to capitalize on Kitchener’s rapid urban growth.

OVERVIEW

DEVELOPMENT POTENTIAL – DOWNTOWN KITCHENER. Exceptional opportunity located in the heart of downtown Kitchener at the corner of Queen Street South and Charles Street East. This property offers SGA-2 zoning, providing significant development potential in one of Kitchener’s most dynamic growth areas. Located in close proximity to City Hall, Conestoga College’s Downtown Campus, the courthouse, Museum, and numerous shops, restaurants, and amenities and directly across from the LRT line, this site offers unmatched visibility and accessibility. The main floor of the building is currently leased to a stable commercial tenant, while the upper level contains two self contained 4-bedroom apartments—each with a dedicated exterior stairwell and no lodging license required. This property is ideally suited for builders, developers, or investors looking to capitalize on downtown Kitchener’s rapid urban growth. With immediate revenue potential and remarkable development upside, this is a premier investment opportunity in one of Ontario’s most dynamic urban centers.

FOR SALE DETAILS

PRICE

$1,399,000 CAD

PRICE/SF

$250 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1879

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

D1

APN/PARCEL ID

301204000303600

ASK ABOUT THIS PROPERTY

Ryan WestcottRyan WestcottMore Info
844-774-0899

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Ryan WestcottRyan WestcottMore Info
844-774-0899

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