$850,000
Kitchener
#C4 873 Fairway Street North, Kitchener, Ontario, N2A0C3
This retail property in Kitchener is for sale offering roughly 1,395 sq ft of space. It has been on the market 0 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)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 53 days across the listings currently for sale in this city
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.
This retail in Kitchener has been listed for 0 days, which is 53 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $850,000, about 8.9× the local median household income of $96,000.
Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 73% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2A)
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