2191 KINGSWAY DRIVE

For Sale - $2,200,000.00

ID#: 28336046

Located at 2191 Kingsway Drive, this commercial property offers exceptional visibility and accessibility in a bustling area of Kitchener. The building is currently vacant. The property benefits from its proximity to major thoroughfares, including Highway 8 and the 401, ensuring seamless connectivity for businesses and customers alike. With a zoning designation that supports a variety of commercial uses, this is a significant opportunity for an investment buyer. The COM-2 zoning of the property encourages multi-residential dwelling units on the upper floors and commercial retail units on the main floor. Development concepts reviewed with the city include a multi-level residential rental building with up to 36 units, as well as an alternative concept featuring 24 units in a stacked townhouse complex with a main floor commercial/retail business package. This location presents a valuable opportunity for retailers, service providers, or investors seeking a strategic position in a vibrant neighborhood. (id:42870)