Commercial

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745 King Street E
Kitchener Kitchener N2G 2M4

$1,200,000 /For Sale
Commercial

Main Photo: 745 King Street E in Kitchener: Commercial for sale : MLS®# X13503226
Photo 1: 745 King Street E in Kitchener: Commercial for sale : MLS®# X13503226
Photo 2: 745 King Street E in Kitchener: Commercial for sale : MLS®# X13503226
Photo 3: 745 King Street E in Kitchener: Commercial for sale : MLS®# X13503226
Photo 4: 745 King Street E in Kitchener: Commercial for sale : MLS®# X13503226
Photo 5: 745 King Street E in Kitchener: Commercial for sale : MLS®# X13503226
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Photo 18: 745 King Street E in Kitchener: Commercial for sale : MLS®# X13503226
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13503226
PRIME MIXED USE INVESTMENT OPPORTUNITY ON KING ST E. Enjoy unparalleled high exposure and high traffic visibility at this prime mixed-use corner property situated at the intersection of King Street East and Stirling Avenue. This robust investment property generates over $101,000 in gross annual revenue and offers a rare combination of strong cash flow today and exceptional future redevelopment potential. The main floor commercial space, anchored by a long-term tenant, encompasses approximately 2,166 sq. ft. and extends into a fully functional lower level with a convenient walkout to a second parking area. The commercial space was extensively renovated in 2019 and benefits from exceptional exposure along one of Kitchener's busiest corridors. For owner operators and investors alike, the commercial unit is available for vacant possession, creating a unique opportunity for end users seeking a highly visible location. Further enhancing the property's appeal are 2 separate parking lots, one accessed from King Street and the other from Stirling Avenue, providing ample parking for customers, staff, and residents. The commercial tenant currently pays utilities and property insurance, helping to keep landlord's operating costs remarkably low. The upper levels feature three residential apartments consisting of two 1-bedroom units and one 2-bedroom unit, providing stable income with significant upside potential upon future tenant turnover. Ideally located within walking distance to the ION LRT and positioned within Kitchener's growing downtown development corridor, this property offers investors the rare opportunity to secure both immediate cash flow and long-term land development potential. Opportunities that combine strong income, future redevelopment possibilities, and vacant possession of commercial space are seldom available in today's market. Incredible Investment Opportunity.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
4166 sq. ft. Square Feet
Total Area:
4,166 sq. ft.
Retail Area:
2166 sq. ft. Sq Ft
Lot Depth:
147'4"
Lot Frontage:
80'
Water supply:
Municipal
Zoning:
c5
Heating type:
Other
Garage:
None
Parking Spaces:
12
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$22,080 / 2025
Assessment:
$- / 2025
Waterloo
Kitchener
Major Highway, Public Transit
No
Alarm System
TENANT BELONGINGS.
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Multi-Use
Date Listed:
Jun 30, 2026
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Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Data was last updated July 1, 2026 at 09:15 PM (UTC)
DENNIS CHAN, BROKER
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