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1659 VICTORIA Street

1659 VICTORIA Street

Kitchener, Ontario

  • Business
$225,000

Business Sale Only – 1659 Victoria St N, Kitchener. An outstanding opportunity to purchase a well-established and profitable mechanic business located in a prime, high-traffic area of Victoria Street North in Kitchener. This business benefits from excellent visibility, easy access, and a strong presence in a busy commercial corridor, making it highly attractive to both existing and new customers. The operation generates a steady and lucrative income and has built a loyal customer base over the years. It is ideal for an experienced owner-operator or an investor seeking a proven automotive business with immediate cash flow and ongoing demand. The business operates from an approximately 4,500 sq. ft. commercial space with a transferable lease. The shop is well laid out with multiple service bays, vehicle lifts, and ample working area, allowing for efficient operations and the ability to service multiple vehicles at once. A new rent will be secured to the business buyer (not transferable lease) The current shop consists of 2 shops (unit 1 and Unit 2) Unit 1 is OMVIC approved (dealership) and service centre 50 parking spots available for the units. This is a rare chance to acquire a turnkey automotive business in a sought-after location with strong growth potential. Business sale only. Serious inquiries are welcome.

Price History

Community

Postal area N2B

Population
16,939
Private dwellings
7,329
Median age
42.8
Average household size
2.4
Median household income
$81,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Business in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,929
Median days on market
20
Sale-to-list price
101.0%

Based on 1,929 recorded sales of business properties in Kitchener over the last 12 months.

Walk Score

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Location

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