#C4 873 Fairway Street North, Kitchener - Retail for Sale
#C4 873 Fairway Street North, Kitchener, Ontario, N2A0C3
1,395 ft²3.24 acres lot sizeListed 47 days ago
Overview
This retail property in Kitchener is for sale offering roughly 1,395 sq ft of space. It has been on the market 47 days, fresher than the Kitchener average of 53 days.
A TURNKEY COMMERCIAL INVESTMENT WITH A STRONG LOCATION, ESTABLISHED TENANCY & LONG-TERM POTENTIAL: Welcome to Unit C-4 at 873 Fairway Road, Kitchener, an exceptional opportunity to own a commercial unit in a newly developed, professionally designed plaza in a high-visibility location. Whether you're an investor seeking a stable income-producing property or an entrepreneur looking for a strategic location for your business, this property offers an outstanding combination of location, exposure, convenience and future potential. Currently leased to an established tenant with approximately 5 years remaining on the lease, with the potential for extension, this property offers buyers the opportunity to acquire a turnkey investment with income already in place. Located directly across from Chicopee Hills Public School, the plaza enjoys excellent daily pedestrian and vehicle exposure, providing valuable visibility for the existing business and future long-term leasing potential. Premium pylon and fascia signage opportunities further enhance the property's visibility and branding potential. This is more than just a commercial unit, it is an opportunity to secure a well-positioned, income-generating asset in a growing Kitchener community, with an established tenant, remaining lease term, specialized permitted use and excellent accessibility. Invest in the location. Secure the income. Position yourself for the future. Opportunities like this are ideal for investors looking for a commercial property with immediate tenancy and long-term potential. Book your private showing today and explore the possibilities at Unit C-4, 873 Fairway Road! (id:66096)
Property Details
MLS®
X13802274
Property Type
Retail
Zoning
COM - 2
Interior Size
1,395 ft²
Lot Size
3.24 acres
Frontage
576 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$1,700/yr
Listed
47 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
47d
Kitchener listings, avg age
53d
Price / ft²
$645
List price
$900K
Long Listed: 47 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 47
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 has been listed for 47 days, which is 6 days fresher than the city average of 53. Act while there is still low competition.
Listed by RE/MAX TWIN CITY REALTY INC. · ANURAG SHARMA
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N2A)
This home lists at $900,000, about 9.4× the local median household income of $96,000.
Carrying it typically needs a household income of about $175,802 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.
Median household income
$96,000
Population
32,454
Median age
39.2
Owner / renter
71% / 29%
Avg. household size
2.7
Source: Statistics Canada, 2021 Census (FSA N2A)
$900,000· $645/ft²
For sale
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Financing
Need a commercial mortgage?
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
