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:4069)
Address
6 HOFFMAN STREET
List Price
$1,889,000
Property Type
Industrial
Type of Dwelling
Multi-Tenant Industrial
Area
Ontario
Sub-Area
Kitchener
Floor Area
9,998 Sq. Ft.
Lot Size
Bldg=73.21 x 137.45 FT Sq. Ft.
MLS® Number
X12099084
Listing Brokerage
RE/MAX MILLENNIUM REAL ESTATE
Postal Code
N2M3M4
Zoning
M2
