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6 HOFFMAN STREET, Kitchener, Ontario, N2M 3M4

MLS® # X12099084
Commercial For Sale In Southdale, Kitchener, Ontario
$1,889,000
6 Hoffman Street, Kitchener, ON
6 Hoffman Street, Kitchener, ON
6 Hoffman Street, Kitchener, ON
6 Hoffman Street, Kitchener, ON
6 Hoffman Street, Kitchener, ON
6 Hoffman Street, Kitchener, ON
6 HOFFMAN STREET, Kitchener, Ontario, N2M 3M4
$1,889,000

Property Information:

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. (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Multi-Tenant Industrial
  • Air Conditioning: Yes
  • Floor Space: 9998 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Industrial
  • Farm Type: Other
  • Floor Space (approx): 9998 Square Feet
  • Irregular: Yes
  • Lot Depth: 137.4 Feet
  • Lot Frontage: 73.2 Feet
  • Lot Size: Bldg=73.21 x 137.45 FT
  • Zoning: M2

Courtesy of: RE/MAX MILLENNIUM REAL ESTATE

REALTOR.ca  

Location of 6 HOFFMAN STREET, Kitchener, Ontario, N2M 3M4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 6 HOFFMAN STREET , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.8℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 6 HOFFMAN STREET , experiences 11 significant 2-day storms per year, with about 320.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past
320.2mm
2050
397.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 6 HOFFMAN STREET, Kitchener, Ontario, N2M 3M4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$87,001.87

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.01 %

High school certificate or equivalent

31.76 %

Apprenticeship trade certificate/diploma

6.84 %

College/non-university certificate

17.64 %

University certificate (below bachelor)

1.26 %

University Degree

13.48 %

Commuter

Travel To Work

By Car

85.24 %

By Public Transit

11.65 %

By Walking

2.56 %

By Bicycle

0.0 %

By Other Methods

0.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.82 %

Houses

38.18 %

Own Vs. Rent