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85 KING Street W, Kitchener, Ontario, N2G 1A7

MLS® # 40822727

Commercial For Sale In City Commercial Core, Kitchener, Ontario

$1,049,800

None Beds

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Brick commercial building featuring arched windows, a detailed brick facade, and ground-level retail storefronts with large display windows - 85 King Street W, Kitchener, ON

Brick facade building featuring arched windows on the upper levels - 85 King Street W, Kitchener, ON

Red brick commercial facade with arched windows and a storefront entrance - 85 King Street W, Kitchener, ON

Brick commercial building featuring multiple storefronts, arched windows on upper levels, and a modern adjacent structure - 85 King Street W, Kitchener, ON

Commercial kitchen featuring stainless steel equipment, tile flooring, and track lighting - 85 King Street W, Kitchener, ON

Commercial space featuring a service counter, overhead menu boards, and recessed lighting - 85 King Street W, Kitchener, ON

Commercial kitchen space featuring stainless steel refrigeration units, wood-finish flooring, recessed ceiling lights, and wall-mounted shelving - 85 King Street W, Kitchener, ON

Stainless steel commercial kitchen area featuring a large sink basin, a commercial dishwasher, and a stainless steel prep table - 85 King Street W, Kitchener, ON

Commercial kitchen with gray wood-finish tile flooring, recessed and suspended ceiling lighting, and exposed ductwork - 85 King Street W, Kitchener, ON

85 King Street W, Kitchener, ON

Commercial kitchen featuring a large stainless steel exhaust hood and a suspended rectangular light fixture - 85 King Street W, Kitchener, ON

Interior room with light wood-finish flooring and a central ceiling light fixture - 85 King Street W, Kitchener, ON

Room featuring wood-finish flooring, light-toned wall paint, and white baseboards - 85 King Street W, Kitchener, ON

Spacious interior room featuring wood-finish flooring, light-toned wall paint, and white baseboards - 85 King Street W, Kitchener, ON

Hallway with wood-finish flooring and light yellow walls - 85 King Street W, Kitchener, ON

Room featuring wood-finish flooring, light-colored walls, and a white ceiling with a flush-mount light fixture - 85 King Street W, Kitchener, ON

Living area featuring expansive windows, wood-finish flooring, and a classic cast iron radiator - 85 King Street W, Kitchener, ON

Kitchen area featuring a window, tile flooring, and light-colored walls - 85 King Street W, Kitchener, ON

Kitchen featuring dark wood-finish cabinetry, a double basin stainless steel sink, and a light-colored countertop - 85 King Street W, Kitchener, ON

Open-concept living and dining area featuring wood-finish flooring, recessed lighting, and a neutral color palette - 85 King Street W, Kitchener, ON

Room featuring wood-finish flooring, light-toned wall paint, white baseboards, and a white bi-fold closet door - 85 King Street W, Kitchener, ON

Interior space featuring wood-finish flooring, a white paneled door, and light-toned wall finishes - 85 King Street W, Kitchener, ON

Compact kitchen featuring a white top-load washing machine, white range, and a white refrigerator - 85 King Street W, Kitchener, ON

Compact kitchen area featuring a white refrigerator, dark cabinetry with silver-tone pulls, a stainless steel sink, wood-finish backsplash, and vinyl tile flooring - 85 King Street W, Kitchener, ON

Compact utility area featuring a water heater, a white vanity with an integrated sink, and an exposed cast iron radiator - 85 King Street W, Kitchener, ON

Interior room with a neutral wall color and carpet flooring - 85 King Street W, Kitchener, ON

Carpeted bedroom featuring a flush-mount ceiling light, light-toned walls, and a bi-fold closet door - 85 King Street W, Kitchener, ON

Room featuring a built-in closet with bi-fold doors, an additional paneled door, a ceiling-mounted light fixture, and a dark-toned radiator - 85 King Street W, Kitchener, ON

Open-concept living area featuring light wood-finish flooring, neutral wall paint, and white trim - 85 King Street W, Kitchener, ON

Open concept living area with wood-finish flooring - 85 King Street W, Kitchener, ON

Image quality insufficient for description - 85 King Street W, Kitchener, ON

Utility basement featuring exposed stone foundation walls, concrete flooring, and an open staircase with a metal handrail - 85 King Street W, Kitchener, ON

Image quality insufficient for description - 85 King Street W, Kitchener, ON

Basement area featuring exposed ceiling utilities, concrete flooring, and multiple storage options - 85 King Street W, Kitchener, ON

Central building featuring arched windows and a distinctive green roof - 85 King Street W, Kitchener, ON

Expansive snow-covered parkland featuring a winding pathway, numerous trees, and a central tower structure - 85 King Street W, Kitchener, ON

Expansive park area featuring snow-covered pathways and mature trees, surrounded by residential properties and a distant urban skyline - 85 King Street W, Kitchener, ON

Image quality insufficient for description - 85 King Street W, Kitchener, ON

Brick commercial building featuring arched windows, a detailed brick facade, and ground-level retail storefronts with large display windows - 85 King Street W, Kitchener, ON

Brick facade building featuring arched windows on the upper levels - 85 King Street W, Kitchener, ON

Red brick commercial facade with arched windows and a storefront entrance - 85 King Street W, Kitchener, ON

Brick commercial building featuring multiple storefronts, arched windows on upper levels, and a modern adjacent structure - 85 King Street W, Kitchener, ON

Commercial kitchen featuring stainless steel equipment, tile flooring, and track lighting - 85 King Street W, Kitchener, ON

Commercial space featuring a service counter, overhead menu boards, and recessed lighting - 85 King Street W, Kitchener, ON

Commercial kitchen space featuring stainless steel refrigeration units, wood-finish flooring, recessed ceiling lights, and wall-mounted shelving - 85 King Street W, Kitchener, ON

Stainless steel commercial kitchen area featuring a large sink basin, a commercial dishwasher, and a stainless steel prep table - 85 King Street W, Kitchener, ON

Commercial kitchen with gray wood-finish tile flooring, recessed and suspended ceiling lighting, and exposed ductwork - 85 King Street W, Kitchener, ON

85 King Street W, Kitchener, ON

Commercial kitchen featuring a large stainless steel exhaust hood and a suspended rectangular light fixture - 85 King Street W, Kitchener, ON

Interior room with light wood-finish flooring and a central ceiling light fixture - 85 King Street W, Kitchener, ON

Room featuring wood-finish flooring, light-toned wall paint, and white baseboards - 85 King Street W, Kitchener, ON

Spacious interior room featuring wood-finish flooring, light-toned wall paint, and white baseboards - 85 King Street W, Kitchener, ON

Hallway with wood-finish flooring and light yellow walls - 85 King Street W, Kitchener, ON

Room featuring wood-finish flooring, light-colored walls, and a white ceiling with a flush-mount light fixture - 85 King Street W, Kitchener, ON

Living area featuring expansive windows, wood-finish flooring, and a classic cast iron radiator - 85 King Street W, Kitchener, ON

Kitchen area featuring a window, tile flooring, and light-colored walls - 85 King Street W, Kitchener, ON

Kitchen featuring dark wood-finish cabinetry, a double basin stainless steel sink, and a light-colored countertop - 85 King Street W, Kitchener, ON

Open-concept living and dining area featuring wood-finish flooring, recessed lighting, and a neutral color palette - 85 King Street W, Kitchener, ON

Room featuring wood-finish flooring, light-toned wall paint, white baseboards, and a white bi-fold closet door - 85 King Street W, Kitchener, ON

Interior space featuring wood-finish flooring, a white paneled door, and light-toned wall finishes - 85 King Street W, Kitchener, ON

Compact kitchen featuring a white top-load washing machine, white range, and a white refrigerator - 85 King Street W, Kitchener, ON

Compact kitchen area featuring a white refrigerator, dark cabinetry with silver-tone pulls, a stainless steel sink, wood-finish backsplash, and vinyl tile flooring - 85 King Street W, Kitchener, ON

Compact utility area featuring a water heater, a white vanity with an integrated sink, and an exposed cast iron radiator - 85 King Street W, Kitchener, ON

Interior room with a neutral wall color and carpet flooring - 85 King Street W, Kitchener, ON

Carpeted bedroom featuring a flush-mount ceiling light, light-toned walls, and a bi-fold closet door - 85 King Street W, Kitchener, ON

Room featuring a built-in closet with bi-fold doors, an additional paneled door, a ceiling-mounted light fixture, and a dark-toned radiator - 85 King Street W, Kitchener, ON

Open-concept living area featuring light wood-finish flooring, neutral wall paint, and white trim - 85 King Street W, Kitchener, ON

Open concept living area with wood-finish flooring - 85 King Street W, Kitchener, ON

Image quality insufficient for description - 85 King Street W, Kitchener, ON

Utility basement featuring exposed stone foundation walls, concrete flooring, and an open staircase with a metal handrail - 85 King Street W, Kitchener, ON

Image quality insufficient for description - 85 King Street W, Kitchener, ON

Basement area featuring exposed ceiling utilities, concrete flooring, and multiple storage options - 85 King Street W, Kitchener, ON

Central building featuring arched windows and a distinctive green roof - 85 King Street W, Kitchener, ON

Expansive snow-covered parkland featuring a winding pathway, numerous trees, and a central tower structure - 85 King Street W, Kitchener, ON

Expansive park area featuring snow-covered pathways and mature trees, surrounded by residential properties and a distant urban skyline - 85 King Street W, Kitchener, ON

Image quality insufficient for description - 85 King Street W, Kitchener, ON

Advertising

85 KING Street W, Kitchener, Ontario, N2G 1A7

$1,049,800

Property Information:

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:27)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix
Basement Type: Full
Exterior Finish: Brick
Floor Space: 2400 sqft

Property Features:

OwnershipType: Freehold
Property Type: Other
Amenities Nearby: Hospital, Public Transit
Community Features: High Traffic Area
Floor Space (approx): 2400 Square Feet
Lot Frontage: 20 Feet
Zoning: SGA-2 (1)(2)
Sewer: Municipal sewage system

Courtesy of: RED AND WHITE REALTY INC.

Rating:

Notes:

Market Price Trends

Location of 85 KING Street W, Kitchener, Ontario, N2G 1A7

Lifestyle
Neighbourhood

Demographic Information of 85 KING Street W, Kitchener, Ontario, N2G 1A7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$98,102.31

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.74 %

High school certificate or equivalent

26.89 %

Apprenticeship trade certificate/diploma

4.01 %

College/non-university certificate

18.27 %

University certificate (below bachelor)

2.09 %

University Degree

35.0 %

Commuter

Travel To Work

By Car

64.53 %

By Public Transit

16.07 %

By Walking

13.16 %

By Bicycle

0.99 %

By Other Methods

5.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

89.67 %

Houses

10.33 %

Own Vs. Rent

85 KING Street W, Kitchener, Ontario, N2G 1A7 $1,049,800 MLS® # 40822727