556 STIRLING Avenue
Kitchener
Business
Great Location for a Convenience/Variety store business. It is at the location of previously a branded convenience store was working. In the middle of populated area with no close by store. Opportunity for multiple income generating ventures that are aligned to variety/convenience business, including but not limited to items everybody needs, Beer and wine sales, lottery and possible Vape store. This business is waiting for a motivated family or single motivated individual. Sales upside but new multi unit condos around the location will be more profitable for this business. Area about 1,450 sq/ft room for selling Rent: : $ 4,108/month Lease term: Open to new lease with options.Breakdown of other monthly income: from liquor: Approx. $2550 to $2750 from cigarettes: $1850- From lotto: $980 to $1150 these are just commission only.
Price History
Community
Postal area N2M
- Population
- 36,494
- Private dwellings
- 16,113
- Median age
- 36.4
- Average household size
- 2.3
- Median household income
- $71,500
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
- 1,927
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,927 recorded sales of business properties in Kitchener over the last 12 months.
Location
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