150 Victoria Street N,Kitchener, ON N2H 5C6
Kitchener, ON N2H 5C6
Description
Grossing over $112,000/Year. Welcome to 150 Victoria Street N, Kitchener an exceptional opportunity to secure a high-exposure commercial property in one of the city’s most dynamic and rapidly growing areas. The property is located at a corner of a traffic light with large windows, excellent natural light and visibility as well as just 4 minutes drive to HWY 85. Perfectly positioned in a high-traffic location with strong pedestrian flow, this property is just steps from the VIA Rail Station (GO Transit), Google Headquarters, and Kitchener’s vibrant downtown core, surrounded by an abundance of amenities. This versatile two-storey building offers incredible flexibility for both investors and business owners. The main level is currently configured as office space but can easily accommodate a wide range of commercial uses. The upper level features four spacious office rooms, a large common lounge area, a kitchenette, one full washroom, and an additional powder roomideal for professional or administrative operations. Zoned SGA-3, this property allows for a wide variety of permitted uses, making it a prime candidate for entrepreneurs looking to establish or expand their business. For developers and investors, the site also presents future redevelopment potential, with zoning permitting a building height of up to 24 metres. Adding to its appeal, the property includes ample on-site parkingan invaluable asset in the downtown coreand offers strong income potential, with estimated rental returns between $8,000-$10,000 per month. Whether you’re looking to invest, develop, or operate your business in a thriving urban hub, this is a rare opportunity you won’t want to miss.
Details
| MLS # | 40820389 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 135 |
| Listing Provided By | RE/MAX TWIN CITY REALTY INC. | Tony Johal |
Features
| SQ Feet | 3,036 |
|---|---|
| Story(s) | 2 |
| Zoning | SGA-3 (51) (81H) |
| Acreage | 0.12 |
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | Ample Parking, City Lot, Highway Access, Public Transit |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 17394.25 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5C6 |
| Area | 2 Kitchener East |
| Subarea | 212 Downtown Kitchener | East Ward |
| Community Name | 212 Downtown Kitchener/East Ward |
| Listing VS Median (in 212 Downtown Kitchener/East Ward) | |
Price: $1,399,000 low | high Med: $327,400 sqft: 3,036 low | high Med: 680 $ / sqft: $461 low | high Med: $485 On site: 135 low | high Med: 57.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Waterloo |
| City | Kitchener |
| Postal Code | N2H 5C6 |
| Area | 2 Kitchener East |
| Subarea | 212 Downtown Kitchener | East Ward |
| Community Name | 212 Downtown Kitchener/East Ward |
| Listing VS Median (in 212 Downtown Kitchener/East Ward) | |
Price: $1,399,000 low | high Med: $327,400 sqft: 3,036 low | high Med: 680 $ / sqft: $461 low | high Med: $485 On site: 135 low | high Med: 57.5 | |
