85 KING Street West, Kitchener, Ontario N2G1A7
Listing courtesy of RED AND WHITE REALTY INC..
- $1,049,800
- 2,400
- SqFt
- List Price
- $1,049,800
- MLS®
- 40822727
- Days on Market
- 86
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- Other
- Living Area
- 2,400
- Subdivision
- 212 - Downtown Kitchener/East Ward
Property Description
An outstanding opportunity to own a mixed-use building in downtown Kitchener, offering both immediate income and future potential. The property features a thriving main-floor restaurant along with two residential units above, creating a desirable blend of commercial and residential use. The main level includes a fully functional take-out restaurant with kitchen, two washrooms, and access to a spacious basement with storage and a walk-in cooler. The upper floors offer two self-contained apartments: one one-bedroom unit and one one-bedroom plus den with a cap rate of 6% based on asking price. Ideally located on King Street West, within walking distance to Google, the ION LRT, transit hub, City Hall, and everyday amenities, this property is well-positioned for investors seeking stable returns in a growing urban core. (id:5764)
Additional Information
- Ownership
- Freehold
- Subdivision
- 212 - Downtown Kitchener/East Ward
- Country
- Canada
- Sewer
- Municipal sewage system
- Community Features
- High Traffic Area
- Stories
- 3
