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277 LANCASTER Street

277 LANCASTER Street

Kitchener, Ontario

  • Business
$375,000

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 within a large, established residential neighborhood and just minutes from major highways, the property benefits from strong traffic exposure and a growing customer base. Current and projected net income exceeds $10,000 per month, providing immediate cash flow with further upside potential. An outstanding opportunity for investors seeking stable returns or business owners looking to own their real estate while generating additional rental income.

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
1,917
Median days on market
20
Sale-to-list price
100.9%

Based on 1,917 recorded sales of business properties in Kitchener over the last 12 months.

Walk Score

78

Walk

37

Transit

71

Bike

Scores by Walk Score®

Location

Street View

R

Reita | Assistant

Online

Reita said:

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