4336 King Street East, Kitchener - Business for Sale
4336 King Street East, Kitchener, Ontario, N2P3W6
This business in Kitchener is for sale offering roughly 1,210 sq ft of space. It has been on the market 11 days, fresher than the Kitchener average of 54 days.
Description
Prime Quick-Service Restaurant (QSR) Opportunity.This space is perfect for independent or franchised restaurant concepts, featuring an ideal layout with an open kitchen design, 8-foot hood, seating for 20, display fridges, and more. Located in the heart of Kitchener at Sportsworld Crossing one of the city's most dynamic hubs for retail, dining, and entertainment this location offers exceptional visibility and foot traffic. With attractive rental terms and a long lease available, this is an outstanding opportunity to grow your brand or launch your first restaurant. The space is eligible for rebranding, pending the Landlord's approval for non-competing uses. Please do not go direct or speak to staff. Your discretion is appreciated. * Gross Rent = $4,638.58 Including TMI & HST * 1 Year Remaining + 5 Year Option To Renew * 1210 Square Feet * Ideal QSR Layout With Open Kitchen * Buyer Can Convert To A New Cuisine Subject To Landlord Approval * No Indian Restaurants * (id:66096)
Property Details
- MLS®
- X14115650
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Interior Size
- 1,210 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 11 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 11 days on market, against an average age of 54 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 31 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 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Kitchener has been listed for 11 days, which is 43 days fresher than the city average of 54. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2P)
This home lists at $119,000, about 1.1× the local median household income of $110,000.
Carrying it typically needs a household income of about $23,245 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $110,000
- Population
- 25,040
- Median age
- 36
- Owner / renter
- 76% / 24%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA N2P)
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$119,000
Kitchener