9,998 ft2
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! Don't miss out. (id:53661)
Property Details
MLS® Number
|
X12099084 |
Property Type
|
Industrial |
Neigbourhood
|
Southdale |
Farm Type
|
Other |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Exterior
|
9998 Sqft |
Size Interior
|
9,998 Ft2 |
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