6 Hoffman ST new

Kitchener,ON N2M 3M4

$ 1889000

- Bed

- Bath

9998 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 9,998 sqft

Price per Sqft $188

MLS Listing ID X12099084

Annual Tax Amount $13,697

Tax Year 2024

Property Sub-Type Industrial

Property Description

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.

Location

State ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 73.21

Lot Depth 137.45

Others

Security Features No

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