612 King St E - Storefront Retail/Residential FOR SALE


Kitchener, ON N2G 2M1- Kitchener Central
$1,100,000 CAD
519-570-4447
612 King St E, Kitchener, ON for Sale
$1,100,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

612 King St E
Kitchener, ON N2G 2M1
Kitchener Central


HIGHLIGHTS

  • Located within Kitchener’s SGA-2 Strategic Growth Area and Major Transit Station Area.
  • Zoning permits mid-rise, mixed-use developments up to eight storeys.
  • Over $400,000 in recent upgrades including an operational bar/lounge and updated residential unit.

OVERVIEW

Positioned in one of Kitchener’s most dynamic growth hubs, 612 King Street E presents a compelling investment or redevelopment opportunity. This mixed-use commercial asset is located along a major corridor within the city’s Strategic Growth Area (SGA-2) and designated Major Transit Station Area (MTSA), which supports transit-oriented intensification and mixed-use development up to eight storeys. The property benefits from extensive visibility on a high-traffic street, ample on-site parking, and flexible interior layout, making it suitable for a variety of retail, hospitality, or professional uses. Recent capital improvements exceeding $400,000 significantly enhance current functionality, including a fully operating bar and lounge that offers immediate income potential, complemented by a renovated two-bedroom residential unit above. Investors can capitalize on holding income while planning future redevelopment within one of the most promising corridors in Waterloo Region. The SGA-2 zoning provides a wide range of residential and commercial options, ensuring long-term upside and adaptability. Its central location offers excellent connectivity to public transit and major roadways, with nearby shopping, dining, and essential services contributing to the area’s strong urban appeal. This asset delivers a unique opportunity to secure a well-improved property in a corridor primed for growth and mixed-use intensification.

FOR SALE DETAILS

PRICE

$1,100,000 CAD

PRICE/SF

$351 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

SGA-2

APN/PARCEL ID

301203000105200

ASK ABOUT THIS PROPERTY

Michael Afley TeweldeAffinity Real Estate Keller WilliamsMore Info
519-570-4447

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Michael Afley TeweldeAffinity Real Estate Keller WilliamsMore Info
519-570-4447

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