41 King St W
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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.
fire rating, windows, roof and life safety systems have been modernized.
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)
Nearby Major Retailers
1 of 3
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41 King St W
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