REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Anelia Bakalova • RED AND WHITE REALTY INC.

$1,049,800

Est. payment - /mo

2,400 SqFt

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $437

MLS Listing ID 40822727

Abv Grd Liv Area 2,400

Property Sub-Type Building Only

Source Cornerstone

Property Description

An outstanding opportunity to own a mixed-use building in downtown Kitchener, offering both immediate income and future potential. The property features a thriving main-floor restaurant along with two residential units above, creating a desirable blend of commercial and residential use. The main level includes a fully functional take-out restaurant with kitchen, two washrooms, and access to a spacious basement with storage and a walk-in cooler. The upper floors offer two self-contained apartments: one one-bedroom unit and one one-bedroom plus den with a cap rate of 6% based on asking price. Ideally located on King Street West, within walking distance to Google, the ION LRT, transit hub, City Hall, and everyday amenities, this property is well-positioned for investors seeking stable returns in a growing urban core.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning SGA-2 (1)(2)

Direction King St. W to Ontario St.

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 20.0

Garage No

Building

Lot Description City Lot, High Traffic Area, Hospital, Public Transit

Faces King St. W to Ontario St.

Story 3

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 224270054

Ownership Freehold/None

Read Less Info

Nearby Locations

GET MORE INFORMATION

Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

85 King Street W Kitchener, ON N2G 1A7

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

85 King Street W