547, 549,553,555 Lancaster Street W Kitchener, Ontario N2K 1M2
$7,900,000
Rare opportunity to purchase redevelopment lands in the Lancaster node. Offering consists of 5 properties (547 Lancaster St. W., 549 Lancaster St. W., 553 Lancaster St. W., 555 Lancaster St. W. & 9 General Dr.) totaling approx. 1.21 acres with both mixed (MIX-2) and residential (R4) zoning. All buildings are fully tenanted - buyer to assume tenancies on closing. Directly across the street from a proposed redevelopment containing 5 multiple residential buildings of varying heights up to 26 stories and 1198 units total. Financial information and Phase 1 (549 Lancaster) available upon receipt of confidentiality Agreement. (id:25988)
Property Details
| MLS® Number | 40397667 |
| Property Type | Office |
| Amenities Near By | Public Transit, Shopping |
| Community Features | High Traffic Area |
| Features | Corner Site, Shared Driveway |
Building
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Heating Fuel | Electric, Natural Gas |
| Stories Total | 2 |
| Size Exterior | 13035.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 230 Ft |
| Size Irregular | 1.21 |
| Size Total | 1.21 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.21 Ac|1/2 - 1.99 Acres |
| Zoning Description | R-4; Mix-2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/25434564/547-549553555-lancaster-street-w-kitchener
Interested?
Contact us for more information
James Boudreau
Broker
(519) 743-8009
Commercial
Kitchener, Ontario N2K 3S2
(519) 743-5211
(519) 743-8009
www.coldwellbankerpbr.com/commercial
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July 26 2023 03:31:38
Kitchener-Waterloo Association of REALTORS®
Coldwell Banker Peter Benninger Realty