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$ 2,500,000
Est. payment /mo
Active
277 Lancaster ST Kitchener, ON N2H 4V2
9,009 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,009 sqft
Price per Sqft $277
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
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
Listed by Royal LePage Peaceland Realty
NEARBY SCHOOL & BUSINESS