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8 King Street E, Kitchener, ON N2G 2K6

Kitchener, ON, N2G 2K6

1 Baths
Sq Ft
Sale Of Business Type
X13060050 MLS#

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

Listing courtesy of CENTURY 21 SKYLARK REAL ESTATE LTD.
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