Office/Retail Building - Colliers Canada

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FOR SALE / LEASE

CONTACT US DARREN SHAW, SIOR Vice President, Broker +1 519 904 7017 [email protected]

Office/Retail Building

1252-1258 King Street East Kitchener, Ontario HIGHLIGHTS >> Signature office/retail building ideally suited for a wide range of office and retail uses

COLLIERS INTERNATIONAL 305 King Street West, Suite 606 Kitchener, ON N2G 1B9 +1 519 570 1330 www.collierscanada.com

Accelerating success.

DARREN SHAW, SIOR Vice President, Broker +1 519 904 7017 [email protected]

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Vancouver). *Personal Real Estate Corporation.

05/2016

COLLIERS INTERNATIONAL 305 King Street West, Suite 606 Kitchener, Ontario N2G 1B9 +1 519 570 1330 www.collierscanada.com

>> Easily accessible >> Opportunity for owner/occupier or investor >> Space can be divided >> On-site surface parking >> Finished space available for immediate occupancy

FOR SALE/LEASE > 1252-1258 King Street East, Kitchener

LOCATION

PROPERTY SUMMARY

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1252-1258 King Street East is located at the corner of King Street East and Sheldon Avenue in the City of Kitchener. The property is easily accessible from Hwy 401 (via Hwy 8), Hwy 85/7, and only minutes to Downtown Kitchener. The Borden Avenue station for the ION Light Rail Transit System (LRT), currently under construction, is within walking distance of the site.

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Property Address

1252-1258 King Street East, Kitchener

Total Building Area: Main Floor Second Floor Lower Level

18,088 7,444 SF 7,188 SF 3,525 SF

Land Area

0.49 / Acres*

Parking

45 surface parking stalls (approx.)

Zoning

Medium Intensity Mixed Use Corridor (MU-2)

Realty Taxes

$49,202.12 (2016)

Lease Rate

From $10.95 / SF

Sale Price

$1,900,000

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PROPERTY FEATURES >> Signature signage opportunity available >> Convenient access to Hwy 7/8, Hwy 85 and Downtown Kitchener >> GRT transit stop in front of the building and walking distance to new LRT

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> Surface parking on-site and opposite the building; short term parking available in front of the building

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>> Minutes from numerous amenities including restaurants, banking, recreation, retail and business services

LEGEND

>> The zoning permits a wide range of uses including office, retail, personal services, restaurant, multiple dwelling, health office/clinic, financial establishment...

Highway Major Road Future LRT Line 1252 - 1258 King Street East *Includes separate .183 AC on Sheldon Avenue, opposite to the building