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151 LANCASTER Street E Kitchener, ON N2H1M9
2,745 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,745 sqft
Price per Sqft $364
Subdivision 212 - Downtown Kitchener/East Ward
MLS® Listing ID 40742387
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
Property Description
An exceptional opportunity awaits in the heart of Central Frederick! Now falling under the City of Kitchener's Strategic Growth Area (SGA-2) zoning, this property is positioned for both immediate potential and long-term value. Designated as a Mid-Rise Growth Zone, SGA-2 zoning allows for buildings up to 8 storeys in height and supports a diverse mix of residential and commercial uses, making this an ideal site for investors, developers, and visionary end-users alike. This progressive zoning removes minimum parking requirements, encourages intensification, and provides flexibility for substantial additions or full redevelopment. With a 10-storey multi-unit mixed-use building expected to be constructed next door, the opportunities are endless! Whether you're looking to expand, repurpose, or build new, this property offers unmatched versatility in one of Kitchener's most dynamic and connected neighbourhoods. Don't miss your chance to be part of the city's exciting growth vision. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://andrew-tourigny-photography.aryeo.com/sites/xarqnvl/unbranded
Listed by RE/MAX TWIN CITY REALTY INC.