
347 LANCASTER Street
Kitchener, Ontario
Business
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
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