137 King Street East, Kitchener | Image 1

137 King Street East

Kitchener

  • Commercial

$X,XXX,XXX
For Sale

Added 6 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: D-1 - Retail Cor

  • Age: 100+ years

  • Taxes: 78000

  • MLS®#: X8438274

  • Days on Site: 175 Days

  • Added: Jun 10, 2024 (6 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: HOMELIFE POWER REALTY INC.

This is your chance to own part of history and bring this unique development opportunity to the finish line. Most of the up front heavy lifting has been done. Ready for buyer to start completing the interior of building. Framing of Residential Units close to completed. Plumbing rough-ins close to completed. Currently this building has 12 loft style apartments with high ceilings on 2nd and 3rd floors totalling10,471 sq ft and 3 Commerical Units on main floor totalling 5285 sq ft. Seller has started the process for condo status. Building has 18 parking spots with the potential to secure additional parking spots nearby.

Extras

**INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS** Building is Being Sold "As Is". Building is Heritage Designated. Building Permits available. Building Plans available.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Kitchener

  • Availability Date: Immediate

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: None

  • Water Supply Type: Lake/River

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 18

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 5 S/S KING ST, 6 S/S KING ST PL 364 KITCHENER AS IN 302404

  • Taxes: $78,000

  • Taxes Type: Annual

Land

  • Cross Street: Benton Street/King S

  • Municipality District: Kitchener

  • Parcel Number: 225010053

  • Sewer: San+Storm

  • Lot Depth: 180.33 Feet

  • Lot Frontage: 75.77 Feet

  • Lot Irregularities: Irregular Lot Shape

  • Zoning: D-1 - Retail Cor

Additional Media

  • Virtual Tour: https://www.propertypanorama.com/instaview/itso/40603602

Commercial Specific

  • Rail: N

  • Retail Area: 5285

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 19963

  • Total Area Metric: Sq Ft Divisible

  • Office Size: 10471

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

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