404 King Street E , Kitchener

$1,199,900 / MLS® #:30764458

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Excellent downtown Kitchener location across the street from the Kitchener Farmers' Market and close proximity to the LRT. Also known as 406 and 408 King Street E. Fantastic opportunity to start your own business located on King Street in Kitchener!!! Entrance facing King Street with a seven parking space at the back. Currently, running as a specialty retail store with a 3 bedroom apartment above with three separated hydrometers. Zoning allows (MU-2) for many uses such as retail, office, mixed-use, financial establishment, or office, craftsman shop, etc. With a total of $50,000 recent updates including Furnace (2016), Air conditioner (2016), New flooring on the 1st floor (2016), Water Heater owned (2016), Water Softener (2016). Washer (2016), Dryer (2016), Dishwasher (2016) and Microwave (2016). Currently, the 3 bedroom apartment and the main floor retail store is rented. The current tenant is on a three-year lease. The store tenant willing to stay after the lease expires. Either run your own retail business without the cost of leasing or lease out the retail space and also enjoy the extra income. Tons of options to turn this amazing core location into a consistent business income, with the possibility of tremendous appreciation down the road. Don't miss out -book your private showing today and start on the road to financial independence. (id:10452)

Property Details

Property Type Business
Square Feet
Maintenance N/A
Days On Our Website 37
Basement
Kitchens
Lot Dimensions 0.13 ac|under 1/2 acre
Pool N/A
Area Kitchener
Air Conditioning Air Conditioned, Central air conditioning
Heating - Forced air
Exterior
Parking Spaces 7
Parking Type No Garage
Sewers N/A
Water Municipal water

Listing Office: RED AND WHITE REALTY INC.



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