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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,325,000
Available - For Sale
Listing ID: X13875696
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.
Price $1,325,000
Taxes: $9,837.1
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 227 Louisa Street , Kitchener, N2H 5M6, Waterloo
Postal Code: N2H 5M6
Province/State: Waterloo
Directions/Cross Streets: WEBER ST W/VICTORIA ST N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Service
Use: Automotive Related
Building Percentage: T
Total Area: 3,400
Total Area Code:  Square Feet
Office/Appartment Area: 1200
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No,
Rail: N
Soil Test: Yes
Clear Height Feet: 10
Bay Size Length Feet: 9
Truck Level Shipping Doors #: 1
  Height Feet: 9
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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RE/MAX ICON REALTY

227 Louisa Street , Kitchener, N2H 5M6, Waterloo

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Stan Khurana
Sales Representative
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6473836000
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Type: Com - Commercial Retail
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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Lot Size: x 128.29(Feet)
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Tax: $9,837.1
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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