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288 Frederick St 2,982 SF Office Building Kitchener, ON N2H 2N5 $1,250,000 CAD ($419.18 CAD/SF)
INVESTMENT HIGHLIGHTS
- Upgraded professional office space with three-bedroom/loft upper apartment
- CR1 zoning permits wide range of uses
- Site plan approved for five parking spaces but eight vehicles can fit comfortably
- Separate entrances and separate utility services for live-work professional or rental income potential
- Walking distance to downtown Kitchener, Conestoga College downtown campus, LRT stops, and is a quick drive away from Highway 7/8
EXECUTIVE SUMMARY
Excellent mixed use property, great opportunity for owner/occupier and investors alike. Well kept professional office space with three bedroom/loft upper apartment. This building/property has undergone a tremendous amount of recent upgrades making it a unique asset in one of Kitchener's most desirable neighborhoods: The East Ward. Main floor office: 1,344 sf + 3BR apartment (separate entrance & electrical meters), 2nd floor: 1,227 sf + 3rd floor: 411 sf. CR1 zoning permits wide range of uses including: Professional or Medical offices, convenience store, day care facility, educational establishment, religious institute and many others. Walking distance to Downtown Kitchener, Conestoga College DT Campus, LRT, with close proximity to main arteries (Hwy 7/8) and on primary bus transit line. Site plan approved for 5 parking spaces but 7 vehicles will fit comfortably.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,982 SF
Building Class
B
Year Built
1926
Price
$1,250,000 CAD
Price Per SF
$419.18 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,491 SF
Building FAR
0.68
Lot Size
0.10 AC
Zoning
CR1-114R, 128U - Commercial Residential
Parking
11 Spaces (3.69 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (79)
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288 Frederick St
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