1 QUEEN STREET N

$149,000

Kitchener, Ontario

  • 2,965 square feet
Business · BusinessType
Forced air, Natural gasHeating
Fully air conditionedCooling
170Days on market
$50 / sqftPrice / sqft

About this property

Exceptional turnkey restaurant opportunity available immediately in downtown Kitchener. This restaurant was fully built out in 2022 and comes fully equipped with modern, high-quality finishes and equipment throughout. True Fridges and Freezers, 55 inch TVs, 10 Tap Draught Tower, Sound System, Large Kitchen Exhaust Hood, Camera System, Banquettes, Tables, Chairs, Flat Tops, Fryers and so much more. The space features a transferable liquor license for 112 seats and a fantastic lease in place until June 2032, with two additional five-year renewal options. Offering a competitive rental rate of $8,600 per month inclusive of TMI, this is an ideal opportunity for established restaurant operators or brands seeking a high-traffic, high-visibility downtown location with a strong long-term lease and minimal setup time. This Sub-Lease is subject to approval by the Sub-Landlord and Head Landlord. Must be qualified operators. No coffee use permitted. (id:66327)

Property details

Interior

Living area
2,965 square feet

Exterior & parking

Architectural style
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Building & HOA

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Financial & legal

List price
$149,000
Price / sqft
$50 / sqft
Annual taxes
$2,471
Status
Active
MLS® number
X12904566

Location

City
Kitchener
Province
Ontario
Postal code
N2H2G7
Directions
Cross Streets: Queen St N & King St W. ** Directions: Head east on King St towards Queen St and the property will be on the north side of King.

Mortgage calculator

estimated / month

Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

Location & neighbourhood

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).