150 VICTORIA Street N

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For Sale - $1,999,786.00

ID#: 24375976

The commercial property at 150 Victoria Street North in Kitchener is located in the heart of the city. It offers great opportunity for business, investors and builders. This great location is steps to the Main Via Rail Station, Google Headquarters, Downtown and the University of Waterloo School of Pharmacy and other amenities nearby. The upper floor is a large area for office space with three rooms and one common room, including two washrooms and one kitchen. The lower level is a purpose-built mechanic shop complete with heater, electric generator, 2 garage bays and a shop/office space with attached washroom fronting on Victoria Street North. There was only one small oil tank on the property which has been removed by a licensed company. GPR Scanning and Phase I has been completed. Phase II and layout plan to build 24 meter high building to be used for medical center and/or general offices with ground floor for pharmacy and/or retail stores plus maximum underground parking are under process. This building was operated in the past for 71 years as the Windsor/United Taxi network center. The property at 150 Victoria St N is zoned MU-2 with Special Use Provision 410. This commercial property can be used for various permitted uses as prescribed by City of Kitchener. Buyers shall complete due diligence with City of Kitchener planning and confirm uses for future building potential on this property. Expected rental income is around $8,000-$12,000 per month. Pre-emptive offers can be submitted. (id:42870)

Property Details

Property Address: 150 VICTORIA Street N Kitchener, Ontario, N2H5C6

Property Type: Other

Area Toal: 0

Waterfront: No

Pool: No

Garage: Yes


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing