Property Description

Grossing over $112,000/Year. Welcome to 150 Victoria Street N, Kitchener - an exceptional opportunity to secure a high-exposure commercialproperty 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 pedestrianflow, this property is just steps from the VIA Rail Station (GO Transit), Google Headquarters, and Kitchener's vibrant downtown core, surroundedby an abundance of amenities. This versatile two-storey building offers incredible flexibility for both investors and business owners. The mainlevel is currently configured as office space but can easily accommodate a wide range of commercial uses. The upper level features four spaciousoffice rooms, a large common lounge area, a kitchenette, one full washroom, and an additional powder room-ideal for professional oradministrative operations. Zoned SGA-3, this property allows for a wide variety of permitted uses, making it a prime candidate for entrepreneurslooking to establish or expand their business. For developers and investors, the site also presents future redevelopment potential, with zoningpermitting a building height of up to 24 metres. Adding to its appeal, the property includes ample on-site parking-an invaluable asset in thedowntown core-and offers strong income potential, with estimated rental returns between $8,000-$10,000 per month. Whether you're lookingto invest, develop, or operate your business in a thriving urban hub, this is a rare opportunity you won't want to miss. (id:7434)