9,009 ft2
$2,500,000
Rare opportunity to acquire a fully renovated multi-unit commercial building combined with established retail businesses in a high-demand location. Priced at $2.5M, this property offers strong income, excellent visibility, and outstanding future growth potential. This impressive 3,691 sq. ft. commercial building features four units, including a profitable convenience store, vape store, independent office space, and additional retail/commercial units. Zoned C2, the property permits a wide variety of commercial uses, making it ideal for investors or owner-occupiers seeking flexibility and long-term value. The building has undergone extensive upgrades, including a newer decorative stucco exterior, recently repaired roof, and complete interior renovations. Additional features include five hydro meters, two heating/cooling systems, and 12 dedicated parking spaces, plus abundant street parking nearby. Located within a large, established residential neighborhood and just minutes from major highways, the property benefits from strong traffic exposure and a growing customer base. Two units are currently occupied by the owner and can be continued as retail operations, offices, personal service businesses, or adapted to suit a purchaser's needs. Key Features: • 3,691 sq. ft. commercial building • Four commercial units • Established convenience store and vape business • Independent office unit • C2 zoning allowing multiple commercial uses • 12 on-site parking spaces • Five hydro mete (id:50976)
Property Details
|
MLS® Number
|
40836630 |
|
Property Type
|
Retail |
|
Amenities Near By
|
Public Transit |
|
Community Features
|
High Traffic Area |
Building
|
Basement Type
|
Full |
|
Stories Total
|
1 |
|
Size Exterior
|
9009.3800 |
|
Size Interior
|
9,009 Ft2 |
|
Type
|
Retail |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
112 Ft |
|
Size Frontage
|
80 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
C2 |
https://www.realtor.ca/real-estate/29851243/277-lancaster-street-w-kitchener