15
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$375,000
Est. payment /mo
2,026 SqFt
Price Dropped by $24K
29 King ST E #5 Kitchener, ON N2G 2K4
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,026 sqft
Price per Sqft $185
MLS Listing ID X12220585
Annual Tax Amount $7,592
Tax Year 2024
Property Sub-Type Sale Of Business
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 favourable long-term lease is in place, making this a perfect opportunity for an aspiring restauranteur or an experienced operator looking to expand their portfolio in a sought-after location. Commercial Condo Fee of $632.69 is included in the rent.
Location
Province ON
County Waterloo
Area Waterloo
Zoning D1
Interior
Cooling Yes
Inclusions All restaurant chattels, fixtures, equipment, furniture and small wares.
Exterior
Utilities Available Yes
Lot Frontage 90.59
Others
Security Features No
Listed by HOMELIFE/MIRACLE REALTY LTD
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