95 QUEEN STREET SOUTH

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FOR SALE – RETAIL/OFFICE

95 QUEEN STREET SOUTH KITCHENER, ONTARIO

PROPERTY FEATURES  1,965 SF Downtown Kitchener building with 1,515 SF of retail space and 450 SF of second floor apartment.  Sale Price is $645,000  Taxes (2015) is $8,384.03  Zoning D-1 Downtown Core  Leased at $2,625/month net(except structural repairs) until September 30, 2018 then goes to $2,756/month until lease expiry of September 30, 2023. Purchaser can terminate on 180 days written notice for demolition or remodel or 90 days in the event of a sale.  2nd Floor Bachelor apartment has been

CONTACT US Mel de Oliveira**, CCIM

Nick Pecarski*

Vice President, Broker

Sales Representative

519-340-2311

519-340-2300

[email protected]

[email protected]

www.cbre.com/mel.deoliveira

www.cbre.com/nick.pecarski

www.cbre.com

rented at $700/month plus utilities

FOR SALE – RETAIL/OFFICE

95 QUEEN STREET SOUTH KITCHENER, ONTARIO

PROPERTY OVERVIEW Located in Kitchener’s revitalized Downtown Core. Within a block of the future ION light rail transit stop at Charles and Benton. Restaurant is fully air conditioned with air conditioner replaced in 2015.

LOCATION

© 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

www.cbre.com