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$349,999
Available - For Sale
Listing ID: X12049463
700 Strasburg Road , Kitchener, N2E 2M2, Waterloo
An outstanding opportunity awaits for those looking to launch their own restaurant or expand an existing brand in the thriving Kitchener market. This fully operational and well-kept establishment is perfectly positioned in a busy plaza with strong tenants and a vibrant residential community, ensuring a steady stream of customers. Boasting 3,200 sq. ft. of space, the restaurant comes fully outfitted with top-quality owned equipment, including a 12ft commercial hood, gas stove, two walk-in coolers, ice cream fridge, hot and cold buffet table and more, making for a seamless ownership transition. Its prime location amid high-density residential developments offers excellent growth potential. The lease is competitively priced at approximately $9,000 per month, including TMI, making this a fantastic investment. Whether you're an aspiring restaurateur or an experienced operator, this is a rare chance to acquire a turnkey restaurant in a sought-after area. Act now to make it yours! Buyer to do their own due diligence and confirm zoning and sq ft.
Price $349,999
Taxes: $0
Tax Type: N/A
Assessment Year: 2024
Occupancy by: Tenant
Address: 700 Strasburg Road , Kitchener, N2E 2M2, Waterloo
Postal Code: N2E 2M2
Province/State: Waterloo
Directions/Cross Streets: Block Line Rd/Strasburg Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12 PM t
Employees #: 0
Seats: 100
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Percent Down:
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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