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$1,889,000
Available - For Sale
Listing ID: X12099084
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: $13,697
Tax Type: Annual
Occupancy by: Tenant
Address: 6 Hoffman Stre , 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Unit
Use: Other
Building Percentage: T
Total Area: 9,998
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
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
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
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX MILLENNIUM REAL ESTATE

6 Hoffman Stre , Kitchener, N2M 3M4, Waterloo


 
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At a Glance:
Type: Com - Industrial
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 137.45(Feet)
Approximate Age:
Tax: $13,697
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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