8 King Street
Kitchener, ON
- 1 bath
- 1,215 sqft
- Sale Of Business
- 128 days on market
Excellent opportunity to acquire a well-established Essentialy Convenience Store located at the high-visibility intersection of King Street & Queen Street in downtown Kitchener. This store is located next to Tim Hortons, offering AAA+ location with exceptional exposure, very high visibility, and benefiting from a very, very busy street with continuous pedestrian and vehicular traffic.The area experiences significant footfall year-round, with numerous events taking place during summer and fall seasons, further driving customer traffic and sales potential. The business enjoys a strong community presence along with a loyal base of repeat customers.The store operates as a true one-stop shop, offering a wide range of products including beer, wine, cigarettes, lotto, vape products, and weed accessories. The business holds a valid vape license, with vape recently added as an additional revenue stream, enhancing growth opportunities.Recent upgrades include new flooring and fresh paint, providing a clean and modern retail environment. Additional income streams include ATM revenue plus Bitcoin revenue of approximately $300/month combined.The store also benefits from premium supplier accounts with major brands such as Pepsi, Red Bull, and tobacco vendors, ensuring strong product availability and margins. Revenue streams include beer sales, cigarette sales, convenience retail, and strong lotto commissions (approximately $12,948 lotto).Low rent of only $2,486/month including TMI and HST makes this a highly attractive and sustainable operation. Main Street grant and Façade grant also available.
Listing Details
- Taxes (2025)
- $285
- Listed
- April 29, 2026
Price History
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary Available
Location & Legal
- Cross Street
- King St East & Queen St N
- Zoning
- C
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Convenience/Variety
Included
- Inclusions
- 7 cameras, small chest fridge owned etc, 1 double door owned.
- Exclusions
- OWNER LAPTOP AND COMPUTERS ACCESSORIES IN THE OFFICE AND INVENTORY.
- Rental Items
- SECURITY SYSTEM
Community
Postal area N2G
- Population
- 14,580
- Private dwellings
- 8,284
- Median age
- 38
- Average household size
- 1.8
- Median household income
- $62,400
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
Commercial in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,927
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,927 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
CENTURY 21 SKYLARK REAL ESTATE LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,215 sq ft
- Price per sq ft
- $172.02
- Annual property tax
- $285
- Tax per sq ft
- $0.23
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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