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64 FRANCIS Street N
212 - Downtown Kitchener/East Ward Kitchener N2H 5B5

$1,400,000
Retail

Main Photo: 64 FRANCIS Street N in Kitchener: Retail for sale : MLS®# 40823027
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Status:
Active
Prop. Type:
Retail
MLS® Num:
40823027
Unlock the potential of this versatile mixed-use property in a prime downtown location, offering a rare opportunity to create a customized live/work environment or income-generating investment. The main floor commercial space, currently configured as a salon, provides a flexible layout ready to be reimagined for a variety of uses including professional office, boutique retail, studio space, or continued personal service operations. With strong street presence and on-site parking, this space is ideally positioned for a business looking to establish or grow in the downtown core. Above, the second-floor residential unit offers nearly 1,500 sq ft of living space, ideal for an owner-occupier or as a supplemental rental income stream. A welcoming foyer and staircase lead to an open-concept kitchen and dining area, an updated 3-piece bath, sunken living room, and a bedroom complemented by a versatile den that could function as a home office, walk-in closet, or potential second bedroom. What truly sets this property apart is the rare combination of extensive on-site parking, a double-car garage, and outdoor space. The generous rear parking area, front courtyard, and garage offer convenience for clients and residents, with potential for additional income through parking rentals in a high-demand downtown setting. The basement provides flexibility for storage, workspace, or future expansion. The property features a durable steel roof, heated eavestroughs with leaf guard, and updated windows, contributing to ease of ownership while allowing room to modernize and add value. Zoned SGA-3, it supports a wide range of permitted uses, making it ideal for investors, entrepreneurs, or owner-users. Based on projected market rents, the property presents an attractive income opportunity with an estimated cap rate in the ~5% range and clear upside potential. (id:2493)
Property Type:
Retail
Common Interest:
Freehold
Total Living Area:
3,289 sq. ft.
Total Building Area:
3,289 sq. ft.
Zoning:
SGA-3
Taxes:
$10,929.33 / -
Community:
212 - Downtown Kitchener/East Ward
Exterior Features:
Aluminum siding
Fireplace:
No
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full
Lot Frontage:
55'
Parking:
Attached Garage
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Listed by Chestnut Park Realty Southwestern Ontario Limited
Data was last updated May 29, 2026 at 08:15 PM (UTC)
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