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A fantastic opportunity waits for investors and developers a prime DTK location,King Street commercial frontage,and right around the corner from the LRT line. 195 King Street East is a mixed use (commercial and multi-residential) property of 0.15 acres in total area,which includes over 40 feet of frontage on Downtown Kitchener's primary King Street artery. The current use includes two commercial units on the ground level,in addition to four residential units on the upper floors. Waterloo Regions King Street corridor has experienced an explosion in demand for private residential dwellings over the past several years. New businesses and residential projects have populated the length of the LRT system,and demand continues to grow. Current zoning would permit the development of a medium scale residential or mixed use project,with the potential for more as the city eases parking restrictions. (id:24093)
Listed by NOVAK NIKOLIC and LEE S. QUAILE of Chestnut Park Realty Southwestern Ontario Ltd.,Brokerage

Property Details of 195 King Street East

Property Details

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"Based on information submitted to CREA as of December 3, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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