$8,500,000

Vacant Land For Sale In Cedar Hill, Kitchener, Ontario

$8,500,000

Property Information:

Excellent Investment Opportunity with solid Net Operating Income. Beautifully renovated & well-maintained multi-story, multi-tenant, retail/medical/office. All the current tenants are in the medical field. Ample Parking. Great central Kitchener location. The property is currently leased to 6 individual tenants. Zoned Commercial Residential Three Zone (CR-3) which allows for many uses. Currently under discussion with City of Kitchener planner for a Multi-family development consisting of 250 units. **** EXTRAS **** Long-term leases in place with quality tenants. Space available for owner-occupied. (id:27)

Property Features:

  • Property Type: Vacant Land
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 189.7 Feet
  • Lot Frontage: 69.4 Feet
  • Lot Size: Bldg=69.45 x 189.72 FT ; 53.32ftx32.47ftx189.72 ftx175.51ftx69.1
  • Zoning: Offices/Medical/Dental
  • Sewer: Sanitary sewer

Courtesy of: SUTTON GROUP QUANTUM REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.