| Prime Investment Opportunity in Kitchener!Looking for a high-potential, cash-flowing property with room to grow? This is it!This turn-key 6-unit commercial building is ideally located just minutes from DowntownKitchener and major highways (Hwy 7, 8, and 401), making it a prime spot for a wide range of businesses.Each unit comes with its own office, washroom, furnace, separate entrance, and shipping/loading door offering convenience and flexibility for tenants.With only one unit on a long-term lease and five on month-to-month, theres a huge opportunity to raise rents to current market value or re-tenant strategically.Current tenants are month to month, ready to sign a new lease with a higher amount.Zoned M2 with exciting potential for rezoning and future development, this property is a rare find for investors and developers alike.Strong revenue, flexible leases, development up side this one checks all the boxes! Don't miss out. |
| Price | $1,889,000 |
| Taxes: | $13697.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 6 Hoffman Street , Kitchener, N2M 3M4, Waterloo |
| Postal Code: | N2M 3M4 |
| Province/State: | Waterloo |
| Legal Description: | Part Lot 9 Plan 870 As In 928385 |
| Directions/Cross Streets: | Ottawa St S/ Hoffman St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Multi-Unit |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 9998.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1499 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | % |
| Financial Statement: | F |
| Franchise: | F |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Clear Height Feet: | 0 |
| Truck Level Shipping Doors #: | 8 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX MILLENNIUM REAL ESTATE |
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| Book Showing | Email a Friend |
| Type: | Com - Industrial |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Tax: | $13,697 |
| Fireplace: | N |