8 King Street E, Kitchener, ON N2G 2K6
Kitchener, ON, N2G 2K6
About this property
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.
Features & Amenities
- Garage: None
- Cooling: Partial
- Heat Type: Gas Forced Air Closed
- Sewer: Sanitary Available
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Sale Of Business |
| Bathrooms | 1 |
| Garage | None |
| Heat Type | Gas Forced Air Closed |
| Cooling | Partial |
| Sewer | Sanitary Available |
| Annual Tax | $285 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 1215
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Cooling
- Partial
Parking & Garage
- Garage Type
- None
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 0.00
- Lot Width
- 0.00
Community & Neighborhood
- Community Features
- Major Highway, Recreation/Community Centre
Financial & Tax
- Tax Annual Amount
- $285
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sanitary Available
- Utilities
- Available
Additional Details
- Occupant Type
- Owner
- County Or Parish
- Waterloo
- Cross Street
- King St East & Queen St N
- Directions
- King St East & Queen St N
- Showing Requirements
- List Salesperson
Location
8 King Street E, Kitchener, ON N2G 2K6, Kitchener, ON, N2G 2K6