haho.ca
$249,000
For sale

#9 192 Activa Avenue, Kitchener - Business for Sale

#9 192 Activa Avenue, Kitchener, Ontario, N2E4K5

953 ft²Listed 49 days ago
Overview

This business in Kitchener is for sale offering roughly 953 sq ft of space. It has been on the market 49 days, fresher than the Kitchener average of 53 days.

Description

Profitable Speciality Supermarket for Sale. In business at same location for over 21 years. Busy plaza with ample parking. Open concept Unit with lots of Natural light and provision to build a hood for takeout foods with Landlord and City approval. Close to Amenities and Secondary Schools that drives in foot fall through out the week. Other Tenants in the Plaza - Circle K, Day Care, Pharmacy, Pizza Store, Indian Street food Restaurant and many more Lease Term till August 2030. Low Rental: Net Rent- $24 per sq.ft + TMI - $13.52 per sq.ft. (id:66096)

Property Details

MLS®
X13791320
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Interior Size
953 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
49 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
49d
Kitchener listings, avg age
53d
Price / ft²
$261
List price
$249K

Long Listed: 49 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 49 days, which is 4 days fresher than the city average of 53. Act while there is still low competition.

Listed by RE/MAX OPTIMUM REALTY · PARVEEN ARORA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2E)

This home lists at $249,000, about 2.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$93,000
Population
40,428
Median age
36.4
Owner / renter
66% / 34%
Avg. household size
2.8

Source: Statistics Canada, 2021 Census (FSA N2E)

$249,000· $261/ft²
For sale

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Financing

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$249,000

Kitchener

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