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1120 VICTORIA Street

1120 VICTORIA Street

Kitchener, Ontario

Business

$539,000

Red Swan Pizza in Kitchener is For Sale. Located at the busy intersection of Victoria St N & Frederick St. Surrounded by a fully residential neighborhood, schools, parks, major retail plazas, and other amenities. Excellent Business with High Sales Volume, Long Lease, and Great Growth Potential. Monthly Sales: Approx. $60,000 to $65,000, Rent: $5,447.03/m including TMI & HST, Lease Term: Current Lease Until March 31, 2034 (5 + 5 Years Option to Renew), Royalty: 3.5%, Advertising: Approx. $300/m, Seating: 12-15 Persons, Store Area: Approx. 1,787 Sq.Ft

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
1,929
Median days on market
20
Sale-to-list price
101.0%

Based on 1,929 recorded sales of business properties in Kitchener over the last 12 months.

Location

R

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