#110 450 Hespeler Road, Cambridge - Business for Sale
#110 450 Hespeler Road, Cambridge, Ontario, N1R0E3
This business in Cambridge is for sale offering roughly 1,470 sq ft of space.
Description
Excellent opportunity to own a profitable and well-established "Popular Pizza" franchise located in a high-traffic commercial plaza in the heart of Cambridge. The business offers strong visibility, steady walk-in and delivery sales, and benefits from ongoing residential growth in the surrounding area. The franchise maintains a 4.2-star Google rating with a loyal customer base and consistent revenue. This turn-key operation is fully equipped and supported by strong brand recognition. Comes with a secure long-term lease at an approximate rent of $5,920/month including TMI. Ideal for owner-operators or investors looking for a reliable, easy-to-manage business with income from day one. Don't miss this opportunity to own a trusted brand in a growing community. (id:66096)
Property Details
- MLS®
- X13648988
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C4
- Interior Size
- 1,470 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 91 days ago
Features
- Lot Features
- Elevator
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 91 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $159,999, about 2.1× the local median household income of $77,000.
Carrying it typically needs a household income of about $31,253 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $77,000
- Population
- 42,928
- Median age
- 40.8
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N1R)
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$159,999
Cambridge