277 LANCASTER Street W
Kitchener, Ontario
MLS® 40836630
$2,500,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 40836630
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 21Listing 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
Property summary
- MLS® number
- 40836630
- Property type
- Retail
- Building type
- Retail
- Square footage
- 9,009 sq ft
- Title
- Freehold
- Annual property taxes
- $5,094.25
- Days on market
- 84 days
Features & details
- Basement
- Full
- Community features
- High Traffic Area
What would this home cost you?
Based on the $2,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Peaceland Realty, Waterloo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.