#101 108 Garment Street, Kitchener - Business for Sale
#101 108 Garment Street, Kitchener, Ontario, N2G0E2
This business in Kitchener is for sale offering roughly 1,550 sq ft of space.
Description
On the edge of downtown Kitchener, this best owned unit and Korean restaurant with famous Korean chicken at 108 Garment Street offers downtown exposures to bring many customers from Condo units and famous companies surrounded by. It is your best chance to own your own unit and restaurant!!! Google campus R & D company very closeby this restaurant! Over 1400 google employees in that centre! KPMG Company close by too!! This restaurant is inside condo unit in 1st floor! with approximately 800 condo units, unlimited customers comes!!! This is the only Korean Restaurant in this complex!!! no competition means best sales!!! Completed in 2026, the unit features a brand new appliances, huge kitchen, tables, chairs, tv's, renovated, Million dollar restaurant. This is the perfect restaurant for income making and best Investment Use. The ION Light Rail is close to 108 Garment Street; located between the Victoria Park Station and Central Station. Already busy restaurant with already great income!! Walking Distance. The new owner will only pay maintenance fee $1749.86, gas utility, and hydro utility! Water and garbages included in maintenance fee. With A Waking Score Of 90+, all the customers are rushing to this Korean restaurant for great food! So many condos surrounded and so many condo owners would come down and grab food!!!! Ever wanted to own your own unit and restaurant? this is your time! Make money operating restaurant and make money in your investment of unit! both prices appreciates as times goes by! (id:66096)
Property Details
- MLS®
- X12843792
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 1,550 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 245 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 245 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 (N2G)
This home lists at $1,788,000, about 28.7× the local median household income of $62,400.
Carrying it typically needs a household income of about $349,259 (20% down, 25-yr amortization, stress-tested) — roughly 460% above the area median.
- Median household income
- $62,400
- Population
- 14,580
- Median age
- 38
- Owner / renter
- 31% / 69%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA N2G)
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$1,788,000
Kitchener