$ 1,800,000

125 Water Street N, Kitchener, ON, N2H 5B1

Listing ID# 30591820
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$ 1,800,000

  • 125 Water Street N
    Kitchener, ON N2H 5B1
  • Listing ID 30591820
  • Building Type: Commercial
  • Land Size: 0.26 acres
  • Space: 6700 sq ft
  • Status: For Sale/Active
  • Days on Market: 54
  • Garage Type: Double Detached
  • Heating: Gas Forced Air Open
  • Occupancy: Owner P

Property Description

Established 27 bed home for special needs in Kitchener core serving ambulatory clients with emotional and intellectual disabilities. Fully occupied and all residents have their rent paid directly by government agencies. Newly renovated facility with sprinkler system installed. New kitchen and dining area for 28 residents. Parking for 16 vehicles. This is a very stable and high demand business and facility due to prime location and highly desirable reputation. Owner willing to stay through transition and will assist in succession planning and training with new owner. Owners retiring. Great opportunity for entrepreneurial social worker or personal support worker to operate and generate great income or for an investor with experience in overseeing care or health businesses. Cap rate over 9%

218 Frobisher Drive, Waterloo, ON
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Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.
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125 Water Street, Kitchener, ON
125 Water Street
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
  • 6700 sq ft
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