Rare Opportunity in Kitchener’s SGA-2 Zone – Prime Redevelopment or Investment Property!
Location, Location, Location!
An unmatched opportunity awaits investors and developers in the heart of Kitchener’s high-growth Strategic Growth Area (SGA-2). This mixed-use commercial property sits on a high-exposure main street with generous zoning and exceptional redevelopment potential.
Property Highlights:
Over $400,000 in recent upgrades and improvements
Operating Bar & Lounge with established clientele and income stream
Updated 2-bedroom apartment above for added rental income
Ample on-site parking and excellent street visibility
Functional layout ideal for retail, hospitality, or professional use
Zoned SGA-2 – allows for mixed-use, mid-rise development up to 8 storeys
Strategic Growth Area A designation in the City of Kitchener Official Plan
Located within a Major Transit Station Area (MTSA) – ideal for future urban intensification
Zoning Benefits (SGA-2):
Permits a wide range of commercial and residential uses
Encourages mid-rise and mixed-use developments
Supports transit-oriented growth in one of Kitchener’s most promising corridors
Investment Potential:
With significant capital improvements already completed and multiple income streams in place, this property offers strong holding income and excellent long-term upside. Whether you plan to redevelop, reposition, or land bank, this is a rare opportunity to secure a property in a prime growth node.
Seller is motivated — bring a reasonable offer! Property being sold "as is" "where is"
Don’t miss this rare opportunity to own a key property in one of Kitchener’s fastest-growing and most strategically located zones.
Contact us today to learn more or arrange a private viewing.
Property Type:
Commercial Sale
Property SubType:
Mixed, Commercial
Listing General Location:
212 - Downtown Kitchener/East Ward, 2 - Kitchener East
Bedrooms:
0
Bathrooms:
-
(Full:-/Half:-)
Washrooms:
2
Lot Details:
43.1 x 140
Lot Depth:
140'42.7 m
Lot Frontage:
43'1¼"13.1 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Basement:
Full
Number of Storeys:
2
Total Floor Area:
2,500 sq. ft.232 m2
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
false
No
King St E & Stirling St S
No
Alarm System, Carbon Monoxide Detector(s)
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Zoning:
SGA-2
Exposure / Faces:
South
Lot Site Features:
Business Centre, City Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
# Commercial Doors:
0
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Residential Units:
1
Num Retail Units:
1
Num Studio Units:
0
Listed Date:
Oct 31, 2025
View of front of home featuring stucco siding
View of commercial location
View of snow covered exterior featuring stucco siding and a cooling unit
View of snow covered exterior with stucco siding
View of stairway
Photo 6 of 25
Home theater room featuring tile patterned flooring and recessed lighting
Common area featuring recessed lighting
View of lobby
Living room featuring plenty of natural light and tile patterned flooring
Dining room featuring tile patterned flooring and beam ceiling
Building lobby featuring recessed lighting
Photo 13 of 25
View of common area
Photo 15 of 25
Kitchen with recessed lighting
Indoor dry bar with dark countertops
Indoor wet bar with dark countertops and recessed lighting
Miscellaneous room featuring a bar, recessed lighting, and tile patterned floors
Indoor dry bar featuring light tile patterned floors, recessed lighting, and electric panel
Photo 21 of 25
Half bath with a drop ceiling and toilet
Snowy aerial view with a residential view and a view of city
Data was last updated November 1, 2025 at 07:50 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$999,999
Min list price:
$1,195
Max list price:
$6,900,000
Avg days on market:
67
Min days on market:
1
Max days on market:
619
Avg price per sq.ft.:
$409.06
These statistics are generated based on the current listing's property type
and located in
212 - Downtown Kitchener/East Ward. Average values are
derived using median calculations. This data is not produced by the MLS® system.