#102 4396 King Street East, Kitchener - Business for Sale
#102 4396 King Street East, Kitchener, Ontario, N2P2G1
Description
High margin store located at a busy plaza with Tim Hortons, Subway etc., annual sales approximately $400,000, plus lottery commission monthly $1,800, ATM monthly $200, Bitcoin ATM monthly $350, other $200 monthly, . Base rent $3,154.67 plus TMI and HST monthly. Lease 4+5+5. (id:66096)
Property Details
- MLS®
- X13769528
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $11,264.16/yr
- Listed
- 54 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 54 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 (N2P)
This home lists at $99,000, about 0.9× the local median household income of $110,000.
Carrying it typically needs a household income of about $19,338 (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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$99,000
Kitchener