#5 4396 King Street East, Kitchener - Business for Sale
#5 4396 King Street East, Kitchener, Ontario, N2P2G4
This business in Kitchener is for sale offering roughly 1,968 sq ft of space. It has been on the market 21 days, fresher than the Kitchener average of 53 days.
Description
ASSETS OF BUSINESS FOR SALE! Currently Burger Use. Lots of Equipment! Long Term LEASE with Renewal Options. LOW RENT: Approx. $6,750.00/Mth. Superb build-out. Lots of foot traffic! Located in one of Kitchener's premier retail neighbourhoods!!!. High density, close to Schools, Highways, Residential, Office, Retail, etc. Lots of parking. >>>Continue existing brand or RE-BRAND to any Use not in the plaza already. (id:66096)
Property Details
- MLS®
- X14030908
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial/Restaurant
- Bathrooms
- 2
- Interior Size
- 1,968 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 21 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 21 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 has been listed for 21 days, which is 32 days fresher than the city average of 53. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2P)
This home lists at $139,000, about 1.3× the local median household income of $110,000.
Carrying it typically needs a household income of about $27,152 (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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$139,000
Kitchener