haho.ca
$159,000
For sale

#2 4293 King Street East, Kitchener - Business for Sale

#2 4293 King Street East, Kitchener, Ontario, N2P2E9

1,300 ft²Listed 20 days ago
Overview

This business in Kitchener is for sale offering roughly 1,300 sq ft of space. It has been on the market 20 days, fresher than the Kitchener average of 53 days.

Description

GINO'S PIZZA Business in Kitchener, ON is For Sale. Located at 4293 King St E in a busy, high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, hotels, offices, retail stores, restaurants, and major amenities, with convenient access to Highway 401. Excellent pizza business in a prime location with strong potential to grow sales even further. Great opportunity for an owner-operator or investor. Rent:5720.56 + HST, Sqft: 1300, Sales: $34000-$38000/Monthly, Royalty & Advertisement: $400 & $250/ Weekly. (id:66096)

Property Details

MLS®
X14081780
Property Type
Business
Business Type
Restaurant
Zoning
C3
Interior Size
1,300 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
20 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
20d
Kitchener listings, avg age
53d
Price / ft²
$122
List price
$159K

Active: 20 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.

Haho

This business in Kitchener has been listed for 20 days, which is 33 days fresher than the city average of 53. Act while there is still low competition.

Listed by HOMELIFE/MIRACLE REALTY LTD · DEV SHAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2P)

This home lists at $159,000, about 1.4× the local median household income of $110,000.

Carrying it typically needs a household income of about $31,058 (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)

$159,000· $122/ft²
For sale

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Financing

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$159,000

Kitchener

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