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347 LANCASTER Street

347 LANCASTER Street

Kitchener, Ontario

Business

$110,000

Turnkey, fully licensed restaurant located in a high-traffic area, featuring a fully equipped commercial kitchen and established layout. The premises benefit from a cooperative landlord, offering a smooth transition for new ownership. Ideal for owner-operators or those seeking a rebranding opportunity. Plenty of parking in front and back of building. “Liquor license transferable (subject to approval)” “Favorable lease terms in place” “Includes all chattels and equipment” “High foot traffic and strong surrounding anchors”

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
1,924
Median days on market
20
Sale-to-list price
101.0%

Based on 1,924 recorded sales of business properties in Kitchener over the last 12 months.

Location

R

Reita | Assistant

Online

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