$3,500,000
$3,500,000
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11 Ottawa Street N Kitchener, ON N2H 3K1
20,474 SqFt
Key Details
Sold Price $3,500,000
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 20,474 sqft
Price per Sqft $170
MLS Listing ID 40685943
Annual Tax Amount $33,859
Lot Size 0.581 Acres
Property Sub-Type Retail,Building and Land
Property Description
Exceptional Owner/User Retail Opportunity with Prime Visibility
Presenting an outstanding retail property with high exposure on a bustling major thoroughfare. Strategically located just outside the downtown core, this property is surrounded by well-established residential neighborhoods and within walking distance of three significant development projects that propose a total of 2,583 new residential units.
The building offers 20,474 sq. ft. of total space, featuring approximately 9,800 sq. ft. per level and ample onsite parking. Fully sprinklered for enhanced safety, the property is situated on a .581 acre lot.
Located in the SGA-3 zone, the site also presents an incredible development opportunity, with potential for an estimated 300 residential units. This makes it a prime investment for both immediate use and future growth.
This versatile property is also available for lease, providing flexibility for prospective users. Don't miss this exceptional opportunity to position your business in a high-growth area.
Please contact for more information or to arrange a tour!
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning MU-2
Rooms
Kitchen 0
Exterior
Parking Features Asphalt
Building
Lot Description Irregular Lot, Ample Parking, City Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Block
New Construction No
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