Rare opportunity to acquire a fully renovated multi-unit commercial building combined with established retail businesses in a high-demand location. Priced at $2.5M, this property offers strong income, excellent visibility, and outstanding future growth potential. This impressive 3,691 sq. ft. commercial building features four units, including a profitable convenience store, vape store, independent office space, and additional retail/commercial units. Zoned C2, the property permits a wide variety of commercial uses, making it ideal for investors or owner-occupiers seeking flexibility and long-term value. The building has undergone extensive upgrades, including a newer decorative stucco exterior, recently repaired roof, and complete interior renovations. Additional features include five hydro meters, two heating/cooling systems, and 12 dedicated parking spaces, plus abundant street parking nearby. Located within a large, established residential neighborhood and just minutes from major highways, the property benefits from strong traffic exposure and a growing customer base. Two units are currently occupied by the owner and can be continued as retail operations, offices, personal service businesses, or adapted to suit a purchaser's needs. Key Features: • 3,691 sq. ft. commercial building • Four commercial units • Established convenience store and vape business • Independent office unit • C2 zoning allowing multiple commercial uses • 12 on-site parking spaces • Five hydro mete (id:66096)
Property Details
MLS®
40836630
Property Type
Retail
Zoning
C2
Interior Size
9,009 ft²
Frontage
80 ft
Building Area
9,009 ft²
Storeys
1
Basement
Full
Ownership
Freehold
Property Tax
$5,094.25/yr
Listed
153 days ago
Services
Water
Municipal water
Sewer
Municipal sewage system
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
153d
Kitchener listings, avg age
53d
Price / ft²
$250
List price
$2.25M
Long Listed: 153 days on market, against an average age of 53 days across the listings currently for sale in this city
Market timing · days on market0 → 53d avg age of current listings
Long Listed · day 153
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This retail in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by Royal LePage Peaceland Realty · Li Zhang
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N2H)
This home lists at $2,250,000, about 30.6× the local median household income of $73,500.
Carrying it typically needs a household income of about $439,504 (20% down, 25-yr amortization, stress-tested) — roughly 498% above the area median.
Median household income
$73,500
Population
22,456
Median age
38.4
Owner / renter
49% / 51%
Avg. household size
2.1
Source: Statistics Canada, 2021 Census (FSA N2H)
$2,250,000· $250/ft²
For sale
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Financing
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