9998 sqft
Fully Air Conditioned
Forced Air
$1,889,000
Prime Investment Opportunity in Kitchener!Looking for a high-potential, cash-flowing property with room to grow? This is it!This turn-key 6-unit commercial building is ideally located just minutes from DowntownKitchener and major highways (Hwy 7, 8, and 401), making it a prime spot for a wide range of businesses.Each unit comes with its own office, washroom, furnace, separate entrance, and shipping/loading door offering convenience and flexibility for tenants.With only one unit on a long-term lease and five on month-to-month, theres a huge opportunity to raise rents to current market value or re-tenant strategically.Current tenants are month to month, ready to sign a new lease with a higher amount.Zoned M2 with exciting potential for rezoning and future development, this property is a rare find for investors and developers alike.Strong revenue, flexible leases, development up side this one checks all the boxes!Dont miss out. Contact the listing agent today.Please perform your own due diligence.Please call Ali Karwani(Broker) 416 301 2464 for additional information. (id:50787)
Property Details
MLS® Number
|
X12099084 |
Property Type
|
Industrial |
Farm Type
|
Other |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Exterior
|
9998 Sqft |
Size Interior
|
9998 Sqft |
Type
|
Multi-tenant Industrial |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
137 Ft ,5 In |
Size Frontage
|
73 Ft ,2 In |
Size Irregular
|
Bldg=73.21 X 137.45 Ft |
Size Total Text
|
Bldg=73.21 X 137.45 Ft |
Zoning Description
|
M2 |
https://www.realtor.ca/real-estate/28204189/6-hoffman-street-kitchener