277 Lancaster ST, Kitchener, ON N2H 4V2
277 Lancaster ST, Kitchener, ON N2H 4V2
277 Lancaster ST, Kitchener, ON N2H 4V2
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$2,250,000
Est. payment /mo
9,009 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,009 sqft

Price per Sqft $249

MLS Listing ID 40836630

Abv Grd Liv Area 9,009

Annual Tax Amount $5,094

Property Sub-Type Commercial

Source Cornerstone

Property Description

Rare opportunity to acquire a fully renovated multi-unit commercial building combined with established retail businesses in a high-demand location. Priced at $2.5M, this property offers strong income, excellent visibility, and outstanding future growth potential.

This impressive 3,691 sq. ft. commercial building features four units, including a profitable convenience store, vape store, independent office space, and additional retail/commercial units. Zoned C2, the property permits a wide variety of commercial uses, making it ideal for investors or owner-occupiers seeking flexibility and long-term value.

The building has undergone extensive upgrades, including a newer decorative stucco exterior, recently repaired roof, and complete interior renovations. Additional features include five hydro meters, two heating/cooling systems, and 12 dedicated parking spaces, plus abundant street parking nearby.
Located within a large, established residential neighborhood and just minutes from major highways, the property benefits from strong traffic exposure and a growing customer base. Two units are currently occupied by the owner and can be continued as retail operations, offices, personal service businesses, or adapted to suit a purchaser's needs.

Key Features:
• 3,691 sq. ft. commercial building
• Four commercial units
• Established convenience store and vape business
• Independent office unit
• C2 zoning allowing multiple commercial uses
• 12 on-site parking spaces
• Five hydro mete

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning C2

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 80.0

Lot Depth 112.4

Garage No

Building

Lot Description City Lot, High Traffic Area, Highway Access, Public Transit, Other

Story 1

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 1

New Construction No

Others

Senior Community false

Tax ID 223370147

Ownership Freehold/None


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Listed by Royal LePage Peaceland Realty

NEARBY SCHOOL & BUSINESS

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Isaac Rosebrugh

Isaac Rosebrugh

+1(519) 754-6611

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