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$169,900
Available - For Sale
Listing ID: X13550040
Excellent opportunity to acquire a fully renovated, turn-key restaurant with over $80,000 invested in recent renovations. This is not a franchise, offering complete flexibility to establish your own brand or concept. Suitable for a variety of food uses including pizza, shawarma, burgers, fried chicken, Indian cuisine, fast food, takeout, café, or a cloud kitchen (subject to landlord approval and applicable regulations).The premises feature a fully equipped commercial kitchen with a commercial exhaust hood, prep area, storage space, and approx 40 seating. Ideal for owner-operators, franchisees, or investors seeking a ready-to-operate food business with minimal start-up costs.Current base rent is only $2,962/month until March 2028, plus TMI of $1,145/month (plus applicable HST). The landlord is willing to offer a new 5-year lease with an additional 5-year renewal option, subject to the landlord's approval of the new tenant. A true plug-and-play opportunity to start operating immediately.
Price $169,900
Taxes: $0
Tax Type: Annual
Occupancy by: Owner
Address: 1077 Weber Street East , Kitchener, N2A 3Y5, Waterloo
Postal Code: N2A 3Y5
Province/State: Waterloo
Directions/Cross Streets: Weber St E and Broadview Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 12pm-10
Employees #: 2
Seats: 40
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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CENTURY 21 PROPERTY ZONE REALTY INC.

1077 Weber Street East , Kitchener, N2A 3Y5, Waterloo

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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Maintenance Fee: $0
Beds: 0
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Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949