#5 29 King Street East, Kitchener - Business for Sale
#5 29 King Street East, Kitchener, Ontario, N2G2K6
This business in Kitchener is for sale offering roughly 2,000 sq ft of space.
Description
Beautiful fine dining former indian restaurant opportunity in the heart of Kitchener. Located steps from downtown and directly across from the king street E and queen street N and The Walper Hotel by Hyatt. Surrounded by luxury retail, hotels, and high-income residential density. Exceptional opportunity for hospitality, café, lounge, or premium food users seeking a prestigious Kitchener address. total area of 2000 sq ft. This well-established fine dining restaurant offers seating capacity for 40 guests, featuring a beautiful layout and an elegant atmosphere. The property provides a warm and inviting dining environment with tasteful interior design, making it ideal for intimate dining experiences and special occasions. Located in a desirable area, this turnkey opportunity is perfect for restaurateurs seekers, a stylish space with excellent ambiance and strong customer appeal. (id:66096)
Property Details
- MLS®
- X13210554
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Dine in Restaurant
- Interior Size
- 2,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 160 days ago
Features
- Appliances
- Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 160 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.
This business in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2G)
This home lists at $175,000, about 2.8× the local median household income of $62,400.
Carrying it typically needs a household income of about $34,184 (20% down, 25-yr amortization, stress-tested) — within reach of 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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$175,000
Kitchener