851 FISCHER-HALLMAN Road, Kitchener - Business for Sale
851 FISCHER-HALLMAN Road, Kitchener, Ontario, N2M5N8
Description
Fantastic opportunity to acquire a fully equipped QSR in a high-traffic Kitchener plaza. Sonny's Burgers Fish & Chips offers an ideal footprint for virtually any traditional quick-service restaurant concept, with excellent visibility, strong surrounding retailers, and ample parking. The space is outfitted with a large commercial exhaust hood, fryers, flat-top grill, walk-in refrigerator, and a wide range of additional kitchen equipment, providing exceptional value and minimizing startup costs. Whether you're launching a new brand or expanding an existing one, this turnkey location presents an outstanding opportunity in a prime market at an attractive price. Base rent is $3,365.66. Current term expires August 2030 with a 5 year renewal option. (id:66096)
Property Details
- MLS®
- X13624720
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 96 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 96 days on market, against an average age of 53 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.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2M)
This home lists at $249,000, about 3.5× the local median household income of $71,500.
Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $71,500
- Population
- 36,494
- Median age
- 36.4
- Owner / renter
- 46% / 54%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N2M)
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$249,000
Kitchener