A fantastic opportunity waits for investors and developers a prime DTK location, King Street commercial frontage, and right around the corner from the LRT line. 195 King Street East is a mixed use (commercial and multi-residential) property of 0.15 acres in total area, which includes over 40 feet of frontage on Downtown Kitchener's primary King Street artery. The current use includes two commercial units on the ground level, in addition to four residential units on the upper floors. Waterloo Regions King Street corridor has experienced an explosion in demand for private residential dwellings over the past several years. New businesses and residential projects have populated the length of the LRT system, and demand continues to grow. Current zoning would permit the development of a medium scale residential or mixeduse project, with the potential for more as the city eases parking restrictions. (id:20587)
| MLS® Number | 40086065 |
| Property Type | Other |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | None |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeExterior | 7222.0000 |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 162 Ft |
| SizeFrontage | 41 Ft |
| SizeIrregular | 0.15 |
| SizeTotal | 0.15 Ac |
| SizeTotalText | 0.15 Ac |
| ZoningDescription | D1 |
https://www.realtor.ca/real-estate/22968022/195-197-199-king-street-e-kitchener
Contact us for more information
Novak Nikolic
Salesperson
Lee S. Quaile
Broker of Record
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
