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. |
Extras: Long-term leases in place with quality tenants. Space available for owner-occupied. |
Price | $8,500,000 |
Taxes: | $27298.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 51 BENTON St South , Kitchener, N2G 3H1, Ontario |
Postal Code: | N2G 3H1 |
Province/State: | Ontario |
Legal Description: | PT LT 39 PL 394 KITCHENER, PTS 6 & 7, 58 |
Lot Size: | 69.45 x 189.72 (Feet) |
Directions/Cross Streets: | Corner of Benton & Church street |
Category: | Designated |
Total Area: | 15207.00 |
Total Area Code: | Sq Ft |
Sprinklers: | N |
Clear Height Feet: | 9 |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SUTTON GROUP QUANTUM REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Land |
Area: | Waterloo |
Municipality: | Kitchener |
Lot Size: | 69.45 x 189.72(Feet) |
Tax: | $27,298 |