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Key Details
Property Type Commercial
Sub Type Institutional,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $666
MLS Listing ID 40800931
Abv Grd Liv Area 9,000
Annual Tax Amount $22,462
Lot Size 2.318 Acres
Acres 2.318
Property Sub-Type Institutional,Building and Land
Source Cornerstone
Property Description
The site includes an approximately 9,000 square foot, two-storey commercial building, currently partially tenanted with the balance owner occupied, providing interim holding income and operational flexibility. Existing improvements support continued use while long-term redevelopment plans are evaluated. A large surface parking area further enhances future site planning potential.
Zoned E1-40, the property permits a wide range of commercial and employment uses and presents significant long-term intensification potential. The surrounding area is evolving, with a neighbouring property advancing plans for a high-density mixed-use development, reinforcing the site's appeal as a future redevelopment opportunity.
This offering is well suited for developers and investors seeking scale, income during hold, and long-term upside in one of Waterloo's most desirable and supply-constrained locations.
Location
Province ON
County Waterloo
Area 1 - Waterloo East
Zoning E1-40
Direction King Street North to Weber Street North
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 376.4
Lot Depth 465.79
Garage No
Building
Lot Description Ample Parking, High Traffic Area, Highway Access, Public Transit, Schools, Visual Exposure
Faces King Street North to Weber Street North
Story 2
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 222800046
Ownership Freehold/None
NEARBY SCHOOL & BUSINESS
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