3188 King Street E
Commercial $ 1,350,000

3188 King Street E

Kitchener, ON N2A 1B3

  • 1,957 SqFt
  • 9,104 Lot Size
  • - Year Built
3188 King St E presents a rare mixed-use opportunity in Kitchener's established east end, offering excellent King Street exposure, strong visibility, and convenient access to Highway 8, Fairway Road, Sportsworld, Cambridge, and the broader Waterloo Region. Situated on approximately 0.209 acres, this 1,957 sq. ft. property features three main-floor commercial units and a second-floor 4-bedroom apartment, providing a versatile combination of commercial and residential income.

The residential unit currently generates $3,250/month in rental income, while Commercial Unit 1 is leased at $1,850/month. The remaining two commercial units will be delivered vacant on closing, providing flexibility for an owner-user, new tenants, or additional leasing opportunities. The property also benefits from a new 2-ton HVAC unit, 11+ parking spaces, and a prominent pylon sign for enhanced street visibility.

Zoned COM-2, the property accommodates a broad range of permitted commercial uses, including retail, office, health clinic, pet services, auto sales, and more. Its strategic location near major arterial routes, transit, established commercial areas, and ongoing east Kitchener development further enhances its appeal. With existing rental income, flexible commercial space, ample parking, and strong exposure, 3188 King St E offers an exceptional opportunity for investors and owner-users alike.
Listed by Dennis Mehravar of Engel & Völkers Toronto Central

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Building and Land

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 957 sqft

    Price per Sqft $689

    MLS Listing ID 40867076

    Abv Grd Liv Area 1,957

    Annual Tax Amount $9,062

    Lot Size 9,104 Sqft

    Acres 0.209

    Property Sub-Type Building and Land

    Source Cornerstone

  • Location

    Province ON

    County Waterloo

    Area 2 - Kitchener East

    Zoning COM-2

  • Rooms

    Basement Partial

    Kitchen 0

  • Building

    Lot Description Irregular Lot, Ample Parking, High Traffic Area, Highway Access, Public Transit, Visual Exposure, Other

    Story 1

    Sewer Sewer (Municipal)

    Water Municipal

    New Construction No

  • Interior

    Fireplace No

  • Exterior

    Lot Frontage 118.44

    Lot Depth 82.33

    Garage No

  • Others

    Senior Community No

    Tax ID 225580060

    Ownership Freehold/None

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