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
Data was last updated November 2, 2025 at 09:50 AM (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:
68
Min days on market:
2
Max days on market:
620
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.