Kitchener, ON N2G 2K8,137 King ST
Kitchener, ON N2G 2K8,137 King ST
Kitchener, ON N2G 2K8,137 King ST
8
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$3,400,000
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19,582 SqFt
New

137 King ST Kitchener, ON N2G 2K8

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 19,582 sqft

Price per Sqft $173

MLS Listing ID X12443239

Annual Tax Amount $20,972

Tax Year 2025

Property Sub-Type Investment

Property Description

Located in the heart of Kitchener-Waterloo, 137 King Street presents a rare investment opportunity that blends historic charm with modern potential. Ideally situated and already significantly developed, this property is perfectly positioned for an investor ready to bring a distinctive vision to life with minimal hurdles. Much of the heavy lifting has already been done, allowing the next owner to focus on final finishes and interior design. The second and third floors house 12 loft-style residential units, offering soaring ceilings and spacious layouts across a total of 10,471 sq ft. These units are framed, nearly ready for drywall, and feature plumbing rough-ins close to completion-saving time and reducing development costs. The ground floor adds another layer of value, featuring three commercial units totaling 5,285 sq ft. These spaces offer strong leasing potential, making the building well-suited for a mixed-use strategy that appeals to both residents and businesses. With 18 dedicated parking spaces-and potential to secure more nearby-the property delivers the accessibility needed for modern urban tenants. Altogether, 137 King Street offers a compelling blend of character, functionality, and income-generating potential in one of the region's most dynamic urban cores.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling No

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 75.53


Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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137 King ST