3188 King Street E Kitchener, ON N2A 1B3
1,957 SqFt
UPDATED:
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
Property Description
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.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning COM-2
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 118.44
Lot Depth 82.33
Garage No
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
Others
Senior Community No
Tax ID 225580060
Ownership Freehold/None
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