174 Union Street, Wilmot - Business for Sale
174 Union Street, Wilmot, Ontario, N3A1R5
This business in Wilmot is for sale offering roughly 887 sq ft of space. It has been on the market 56 days, fresher than the Wilmot average of 85 days.
Description
Excellent Franchised CITY PIZZA Business in New Hamburg, ON is For Sale. Located at the intersection of Union St/Huron St. Business is located close to Kitchener. Surrounded by Fully Residential Neighborhood, Close to Schools, Park and more. Excellent Business with Good Sales Volume, Low Rent,Long Lease, and More. Rent: $3737.29/m incl TMI, HST and Water, Lease Term: Existing 8 + 5 + 5 years option to renew, Royalty: Store Area: Approx. 887sqft. (id:66096)
Property Details
- MLS®
- X13766544
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 887 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 56 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 56 days on market, against an average age of 85 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 99.3 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Wilmot has been listed for 56 days, which is 29 days fresher than the city average of 85. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N3A)
This home lists at $325,000, about 2.9× the local median household income of $111,000.
Carrying it typically needs a household income of about $63,484 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $111,000
- Population
- 17,045
- Median age
- 41.6
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA N3A)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$325,000
Wilmot