21
See all 21 photos
$2,250,000
Est. payment /mo
9,009 SqFt
Price Dropped by $250K
277 LANCASTER Street W Kitchener, ON N2H4V2
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 9009
Square Footage 9,009 sqft
Price per Sqft $249
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40836630
Property Sub-Type Freehold
Property Description
Rare opportunity to acquire a fully renovated multi-unit commercial building combined with established retail businesses in a high-demand location. Priced at $2.5M, this property offers strong income, excellent visibility, and outstanding future growth potential. This impressive 3,691 sq. ft. commercial building features four units, including a profitable convenience store, vape store, independent office space, and additional retail/commercial units. Zoned C2, the property permits a wide variety of commercial uses, making it ideal for investors or owner-occupiers seeking flexibility and long-term value. The building has undergone extensive upgrades, including a newer decorative stucco exterior, recently repaired roof, and complete interior renovations. Additional features include five hydro meters, two heating/cooling systems, and 12 dedicated parking spaces, plus abundant street parking nearby. Located within a large, established residential neighborhood and just minutes from major highways, the property benefits from strong traffic exposure and a growing customer base. Two units are currently occupied by the owner and can be continued as retail operations, offices, personal service businesses, or adapted to suit a purchaser's needs. Key Features: • 3,691 sq. ft. commercial building • Four commercial units • Established convenience store and vape business • Independent office unit • C2 zoning allowing multiple commercial uses • 12 on-site parking spaces • Five hydro mete (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Peaceland Realty
Nearby Locations
GET MORE INFORMATION