$8,500,000

Commercial For Sale In Cedar Hill, Kitchener, Ontario

$8,500,000

Property Information:

Excellent Investment Opportunity with solid Net Operating Income. Beautifully renovated & well-maintained multi-story, multi-tenant, retail/medical/office. All the current tenants are in the medical field. Ample Parking. Great central Kitchener location. The property is currently leased to 6 individual tenants. Zoned Commercial Residential Three Zone (CR-3) which allows for many uses. Currently under discussion with City of Kitchener planner for a Multi-family development consisting of 250 units. Long-term leases in place with quality tenants. Space available for owner-occupied. (id:27)

Building Features:

  • Style: Office
  • Basement Type: Full
  • Exterior Finish: Stone, Stucco, Vinyl siding
  • Fire Protection: Alarm system, Security system
  • Foundation Type: Poured Concrete

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Amenities Nearby: Public Transit
  • Community Features: High Traffic Area
  • Features: Elevator, Passenger elevator
  • Lot Frontage: 69.0 Feet
  • Sign Type: Pylon
  • Utility Type: Natural Gas - Available
  • Zoning: CR-3
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 29

Courtesy of: HomeLife Power Realty Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.