2 - 277 LANCASTER Street
Kitchener, Ontario
Business
Great Location for a Convenience/Variety store business.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 Vape store. Very compacted neighborhood. 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 1450 sq/ft including separate room for selling vapes. Gross Rent $ 5500/month for two separate areas. Income (net)from cigarette 2050-2200 per month. From Lotto 800 -1060, vape 4500-6100-liquor 2500-2650-New Lease is available
Price History
Community
Postal area N2H
- Population
- 22,456
- Private dwellings
- 11,453
- Median age
- 38.4
- Average household size
- 2.1
- Median household income
- $73,500
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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