Excellent Investment Opportunity with solid Net Operating Income. Beautifully renovated & well-maintained multi-story, multi-tenant, retail/medical/office. All the current tenants are in the medical field. Ample Parking. Great central Kitchener location. The property is currently leased to 6 individual tenants. Zoned Commercial Residential Three Zone (CR-3) which allows for many uses. Currently under discussion with City of Kitchener planner for a Multi-family development consisting of 250 units. Long-term leases in place with quality tenants. Space available for owner-occupied. (id:4069)
Address |
51 BENTON Street |
List Price |
$8,500,000 |
Property Type |
Office |
Area |
Ontario |
Sub-Area |
Kitchener |
Floor Area |
15,207 Sq. Ft. |
Lot Size |
0.527 Sq. Ft. |
MLS® Number |
40580226 |
Listing Brokerage |
HomeLife Power Realty Inc.
|
Basement Area |
Full |
Postal Code |
N2G3H1 |
Zoning |
CR-3 |
Site Influences |
Public Transit |
Features |
Elevator, Passenger elevator |