137-147 King ST, Kitchener, ON N2G 2K8
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137-147 King ST, Kitchener, ON N2G 2K8
137-147 King ST, Kitchener, ON N2G 2K8
137-147 King ST, Kitchener, ON N2G 2K8
137-147 King ST, Kitchener, ON N2G 2K8

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137-147 King ST Kitchener, ON N2G 2K8

19,582 SqFt


Key Details

Sold Price -

Property Type Commercial

Sub Type Building and Land

Listing Status Sold

Purchase Type For Sale

Square Footage 19,582 sqft

MLS Listing ID 40775724

Sold Date -

Abv Grd Liv Area 19,582

Annual Tax Amount $22,121

Lot Size 740 Sqft

Acres 0.017

Property Sub-Type Building and Land

Source Cornerstone

Property Description

Located in the heart of Kitchener-Waterloo, 137 King Street presents a rare investment opportunity that blends historic charm with modern potential. Ideally situated and already significantly developed, this property is perfectly positioned for an investor ready to bring a distinctive vision to life with minimal hurdles. Much of the heavy lifting has already been done, allowing the next owner to focus on final finishes and interior design. The second and third floors house 12 loft-style residential units, offering soaring ceilings and spacious layouts across a total of 10,471 sq ft. These units are framed, nearly ready for drywall, and feature plumbing rough-ins close to completion—saving time and reducing development costs. The ground floor adds another layer of value, featuring three commercial units totaling 5,285 sq ft. These spaces offer strong leasing potential, making the building well-suited for a mixed-use strategy that appeals to both residents and businesses. With 18 dedicated parking spaces—and potential to secure more nearby—the property delivers the accessibility needed for modern urban tenants. Altogether, 137 King Street offers a compelling blend of character, functionality, and income-generating potential in one of the region's most dynamic urban cores.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning D-1

Direction King St and Benton St - access from King St E

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 75.53

Garage No

Building

Lot Description Rectangular, City Lot, Highway Access, Public Transit

Faces King St and Benton St - access from King St E

Story 3

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 3

New Construction No

Others

Senior Community false

Tax ID 225010054

Ownership Freehold/None

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Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

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