$1,550,000
Est. payment /mo
6,500 SqFt
Price Dropped by $100K
53 QUEEN Street S Kitchener, ON N2G1V8
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $238
Subdivision 311 - Downtown/Rockway/S. Ward
MLS® Listing ID 40768063
Property Sub-Type Freehold
Source Cornerstone Association of Realtors
Property Description
Attention Investors and Developers. PRICED 500K UNDER APPRAISED VALUE - This exceptional future development opportunity awaits in the vibrant heart of Downtown Kitchener. Positioned at the prominent corner of Queen Street and Charles Street, this property is ideally suited for those looking to capitalize on the area's rapid urban growth. Just steps from the new LRT line and Kitchener's Central Business District, it offers unmatched visibility, connectivity, and long-term value. The free-standing building features a versatile layout with multiple income-generating possibilities. Situated directly beside a City of Kitchener parking facility, it also benefits from added convenience and accessibility. With immediate revenue potential and remarkable development upside, this is a premier investment opportunity in one of Ontario's most dynamic urban centers. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by KELLER WILLIAMS INNOVATION REALTY
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