51 Benton Street, Kitchener | Image 1

51 Benton Street

Kitchener

  • Commercial

$8,500,000
For Sale

Added 6 months ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: Offices/Medical/

  • Age: No Data

  • Taxes: 27298

  • MLS®#: X8434294

  • Added: Jun 12, 2024 (6 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: SUTTON GROUP QUANTUM REALTY INC.

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.

Property

  • Status: Sale

  • Property Type: Land

  • Property Type: Designated

  • Area: Kitchener

  • Availability Date: Flexible

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 39 PL 394 KITCHENER, PTS 6 & 7, 58R18818; S/T RIGHT IN 482

  • Taxes: $27,298

  • Taxes Type: Annual

Land

  • Cross Street: Corner of Benton & C

  • Municipality District: Kitchener

  • Parcel Number: 225010191

  • Sewer: Sanitary

  • Lot Depth: 189.72 Feet

  • Lot Frontage: 69.45 Feet

  • Lot Irregularities: 53.32ftx32.47ftx189.7

  • Zoning: Offices/Medical/

Shipping Doors

  • Clearing Height (ft): 9

Commercial Specific

  • Sprinklers: N

  • Total Area: 15207

  • Total Area Metric: Sq Ft

  • Lot Code: Building

Map of 51 Benton Street, Kitchener
7-8

Courtland Avenue Public School

Elementary: Public
0.50 km
JK-8

St Bernadette Catholic Elementary School

Elementary: Catholic
1.54 km
JK-6

Queen Elizabeth Public School

Elementary: Public
1.92 km
7-8

Margaret Avenue Public School

Elementary: Public
1.31 km
JK-6

Suddaby Public School

Elementary: Public
0.71 km
JK-6

Sheppard Public School

Elementary: Public
1.35 km
9-12

Rosemount - U Turn School

Secondary: Public
2.97 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
1.85 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
3.18 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
2.40 km
9-12

St Mary's High School

Secondary: Catholic
3.50 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
0.64 km