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6 - 1120 VICTORIA Street

6 - 1120 VICTORIA Street

Kitchener, Ontario

Business

$179,000

Exceptional opportunity to acquire a high-performing convenience store in one of Kitchener's busiest commercial corridors at 1120 Victoria St N. Strategically positioned in a high-traffic plaza surrounded by established national retailers including Tim Hortons, McDonald's, popular pubs, and other major businesses, this location benefits from strong daily vehicle and foot traffic along Victoria Street North with quick access to Highway 85 and nearby residential neighbourhoods. This well-established business operates from an approximately 1,942 sq. ft. premises. Current base rent is $2,917/month, with TMI and HST additional. An additional office space is also included, offering flexibility for owner use or potential sublease income. The business has continued expanding its product mix with the addition of party supplies/station inventory, Xerox and printing services, ATM income potential, and a growing selection of South Asian grocery products, helping attract a wider customer base and increase repeat clientele. Turnkey operation ideal for owner operators, families, or investors seeking a stable and proven business in a rapidly growing area of Kitchener. Please do not go direct or speak to employees or staff.

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
1,927
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.

Walk Score

58

Walk

41

Transit

60

Bike

Scores by Walk Score®

Location

R

Reita | Assistant

Online

Reita said:

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