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41 King St W

13,024 SF 100% Leased Retail Building Kitchener, ON N2G 1A1 £2,281,521 (£175/SF) 5.82% Net Initial Yield

Investment Highlights

  • Downtown Kitchener
  • Convenient location
  • Renovated
  • Exposed high ceilings
  • High traffic area

Executive Summary

Fully leased, historic income property located in the heart of Downtown Kitchener. Built in 1908, spanning 4 floors, this multi-tenant property has been fully improved. All mechanical, electrical,
fire rating, windows, roof and life safety systems have been modernized.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,024 SF
Building Class
B
Year Built
1926
Price
£2,281,521
Price Per SF
£175
Net Initial Yield
5.82%
NOI
£132,736
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
3.32
Lot Size
0.09 AC
Zoning
D-1 - Retail Core
Frontage
31 ft on King St

Amenities

  • Bus Route
Walk Score ®
Walker's Paradise (99)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CIBC
Crabby Joe's
Tim Hortons
Coffee Time
RBC Royal Bank
Scotiabank
Starbucks
Bank of Montreal
TD Canada Trust
Ww (weight Watchers)
  • Listing ID: 33140494

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 41 King St W, Kitchener, ON N2G 1A1

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