$399,000
( $196.94Per Sq Foot )
 $2,142 est/mo Sourced by Back At You

5-29 King Street , Kitchener, ON N2G 2K4

Kitchener, ON N2G 2K4

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Description

Exciting opportunity to own a well-established and thriving restaurant in a prime location! This popular dining destination boasts a loyal customer base, strong revenue, and excellent online reviews. The restaurant features a modern and inviting atmosphere with seating for 40 plus guests, a fully equipped kitchen, and a fully licensed modern Bar. Situated in Downtown in a high foot traffic area and steps away from Conestoga College. Known for exceptional Value, Food quality and Hakka options. Fully furnished and equipped, ready for immediate operation. Consistent revenue with lots of potential for growth. Favorable long-term lease available at a Low Rent of $3862.91 plus TMI. This is a fantastic opportunity for an aspiring restaurateur or an experienced operator looking to expand their portfolio. Don’t miss out on this chance to own a successful restaurant in a sought-after location!

Details

MLS#40602735
Listing TypeFor Sale
Suite Number5
Sub-TypeResale
StatusActive Under Contract
Year2023
Days On Site47
Listing Provided ByREMAX REALTY SPECIALISTS INC MILLCREEK DRIVE | Vishal Member

Features

SQ Feet2,026
Story(s)1
ZoningRETAIL
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 32 minutes ago
ProvinceON
CountyWaterloo
CityKitchener
Postal CodeN2G 2K4
Area2 Kitchener East
Subarea212 Downtown Kitchener | East Ward
Community Name212 Downtown Kitchener/East Ward
Listing VS Median (in 212 Downtown Kitchener/East Ward)
Price:
$399,000
low | high
Med:
$445,000
38.471177944862% of Average
SqFt:
2,026
low | high
Med:
553
100% of Average
$ / SqFt:
$197
low | high
Med:
$805
100% of Average
On Site:
47
low | high
Med:
96.000000
48.958333333333% of Average
Sourced by Back At You
Listing Updated: July 8, 2024 at 6:39:49 PM PDT