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$1,325,000
4 Days On Site

227 Louisa Street
Kitchener, ON N2H 5M6

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
3,400
SqFt
$390
/SqFt
County:
Waterloo
Call Now: 226-457-2545
Is this the listing for you? We can help make it yours.
226-457-2545
227 Louisa Street227 Louisa Street227 Louisa Street227 Louisa Street
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AUTO CAR & SALES DEALERSHIP FOR SALE! Excellent opportunity to own a UNIQUE MIXED-USE AUTOMOTIVE property in a central Kitchener location, just minutes from Highways 7, 8 and 401. Current uses include AUTOMOTIVE SALES, SERVICE, AUTOBODY AND REPAIRS, operating as a legal non-conforming use. An excellent opportunity for an AUTOMOTIVE OPERATOR, OWNER-USER or INVESTOR seeking an established property with significant improvements and additional rental income. The property offers approximately 3,400 sqf. of Commercial/Shop space plus an approximately 1,200 sq. ft. Upper-Level Unit, situated on a 7,610 sqf lot.The main level offers approx 2,200 sqf. including a Showroom with 2 Bay Doors and capacity for up to 4 vehicles, along with an office/customer seating/waiting area. The Rear Garage includes an additional Bay Door and hoist, with space for 2 additional vehicles. The property features a highly functional Automotive setup with a parking/display area accommodating approximately 20-25 vehicles. Extensively improved over the years, upgrades include a commercial electrical system and exterior meter, updated water and gas lines, new water meter and backflow prevention device, along with improvements to the rear shop ceiling completed in connection with fire inspection requirements. The approximately 1,200 sq. ft. Upper-Level Unit has been fully renovated, including updated electrical/ water lines, kitchen, bathroom, flooring, heating,doors, together with a water softener/filtration system.The commercial space and upper -unit is occupied by a long-standing tenant on a FLEXIBLE-TERM LEASE, providing FLEXIBILITY FOR CONTINUED RENTAL INCOME OR POTENTIAL FUTURE OWNER OCCUPANCY. A unique opportunity to acquire an established automotive property combining business functionality, excellent vehicle capacity, multiple income streams, substantial improvements and a convenient central Kitchener location.

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Listing Snapshot
Price 
$1,325,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.175 Acres
Year Built 
N/A
MLS® Number 
40868494
Status 
Active
Property Tax 
$9,837.1
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.175
Attached Garage 
Yes
Cross Street 
WEBER/LOUISA
Garage Spaces 
6
Number Of Stories 
2
Parking 
AsphaltAttached
Parking Spaces 
25
SqFt Total 
3400
Water Source 
Public
Zoning 
R5
Interior Features
Basement 
Partial
Electric 
200+ Amp Service
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Exterior Features
Exterior 
Storage
Frontage 
68.00
Lot Features 
Irregular LotCity Lot
Community Features
Additional Association Fee Frequency 
Monthly
MLS Area 
1 - Waterloo East

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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