#B6 1400 WEBER Street East, Kitchener - Business for Sale
#B6 1400 WEBER Street East, Kitchener, Ontario, N2A3Z8
Description
Rare opportunity to acquire a well-established Chinese takeout restaurant in a busy high-visibility Kitchener plaza near Fairview Park Mall and Hwy 8. Approx. 1,265 SF with a fully equipped commercial kitchen featuring oversized exhaust hood system, multiple wok stations, walk-in cooler & freezer, and extensive infrastructure ideal for high-volume Chinese cooking. Strong street exposure, ample on-site parking, established takeout and delivery business, and surrounded by dense residential and commercial amenities. Turn-key opportunity ideal for owner-operators or experienced restaurateurs looking to expand or establish a Chinese food business. Lease transfer subject to landlord approval. (id:66096)
Property Details
- MLS®
- X13166840
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C6
- Frontage
- 283 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 165 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 165 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 (N2A)
This home lists at $188,880, about 2.0× the local median household income of $96,000.
Carrying it typically needs a household income of about $36,895 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $96,000
- Population
- 32,454
- Median age
- 39.2
- Owner / renter
- 71% / 29%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA N2A)
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$188,880
Kitchener