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Listed by Ajay Shah • HOMELIFE MIRACLE REALTY LTD
$299,000
Est. payment /mo
2,026 SqFt
Price Dropped by $76K
29 King Street #5 Kitchener, ON N2G 2K4
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Key Details
Property Type Commercial
Sub Type Retail,Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,026 sqft
Price per Sqft $147
MLS Listing ID 40741019
Abv Grd Liv Area 2,026
Annual Tax Amount $7,592
Property Sub-Type Retail,Commercial
Source Mississauga
Property Description
An exciting opportunity to own a well-established and thriving Indian restaurant franchise located in a high-foot-traffic area of downtown, just steps from Conestoga College. This turnkey operation features a modern and inviting interior with seating for over 40 guests, a fully licensed bar, and a spacious, fully equipped commercial kitchen. The restaurant is fully furnished and ready for immediate operation, offering consistent revenue, a loyal customer base, and strong potential for further growth through catering, delivery, or extended hours. In addition to its customer-friendly layout, the property includes a designated office space with a private washroom, as well as separate customer restrooms for added convenience. A favorable long-term lease is in place, making this a perfect opportunity for an aspiring restaurant or an experienced operator looking to expand their portfolio in a sought-after location. Commercial Condo Maintenance fees of $632.69 is included in rent.
Location
Province ON
County Waterloo
Area 2 - Kitchener East
Zoning D1
Direction King St E and Queen St
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 90.59
Garage No
Building
Lot Description City Lot, High Traffic Area, Public Transit, Visual Exposure
Faces King St E and Queen St
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 225010016
Ownership Freehold/None
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