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556 STIRLING Avenue

556 STIRLING Avenue

Kitchener, Ontario

Business

$185,000

Exceptional opportunity to acquire a well-established Convenience Store and Vape Shop in a growing residential community. This commercial property is zoned for a variety of neighborhood-serving uses, offering excellent flexibility for owner-operators, entrepreneurs, and investors. Located in a densely populated area with limited nearby competition, the business enjoys a loyal customer base and strong growth potential. The approximately 1,450 sq. ft. retail space provides ample room for merchandising and expansion. Several new multi-unit residential developments in the area are expected to further increase customer traffic and sales opportunities. Ideal for a convenience or variety store operation, the business offers multiple revenue streams, including vape products, lottery sales, beer and wine sales (subject to applicable approvals), cigarettes, snacks, beverages, and everyday household essentials. Rent is approximately $4,108 per month, with flexible lease terms and renewal options available. Additional monthly commission income includes: • Liquor Sales: Approx. $2,550–$2,750 • Cigarettes: Approx. $1,850 • Lottery: Approx. $980–$1,150 These commissions are in addition to regular retail sales, providing a solid income foundation. Whether you are looking for a turnkey family business or an investment with future upside, this is a rare opportunity to own an established operation in an expanding neighborhood with significant growth potential.

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
1,925
Median days on market
20
Sale-to-list price
101.0%

Based on 1,925 recorded sales of business properties in Kitchener over the last 12 months.

Walk Score

60

Walk

50

Transit

73

Bike

Scores by Walk Score®

Location

R

Reita | Assistant

Online

Reita said:

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