1/23157 KING STREET E, Kitchener
157 KING STREET E, Kitchener, ON N2G2K8
$149,900 total
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Asset Class
Retail
Size
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Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
100%
About this property
"SUPREME 2 FOR 1 PIZZA" (Non-Franchise Business) IN DOWNTOWN KITCHENER IS A GREAT OPPORTUNITY FOR ANYONE LOOKING TO STEP INTO THE FOOD BUSINESS! THE 2-FOR-1 PIZZA DEAL KEEPS CUSTOMERS COMING BACK, 1,500 SQ.FT. SPACE COMES WITH LOW RENT ($1,850+ HST) TMI AND WATER INCLUDED, MAKING IT AN AFFORDABLE INVESTMENT WITH LOTS OF VACANT SPACE AND BASEMENT AREA FOR ANY ADDITIONS TO BUSINESS. SALES ARE AT A GOOD LEVEL AND THERE'S POTENTIAL TO EXTEND THE TIMINGS ALONG WITH MENU ITEMS TO ATTRACT EVEN MORE CUSTOMERS. APPROX 80,000 RECENT UPGRADES. A WELL-LOCATED, HIGH-POTENTIAL PIZZA STORE THAT'S READY FOR THE RIGHT OWNER TO TAKE IT TO THE NEXT LEVEL! CURRENT. EASY TURN KEY OPERATIONS SELLER TO TRAIN ANY NEW BUYERS. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$692
Projected NOI
$10K
Annual cash flow
$2K
Cash-on-cash
4.68%
DSCR
1.25
Going-in cap
6.95%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
117,755
Households
48,954
Median income
$63,000
Median age
41.9
Daytime population
187,395
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 157 KING STREET E, Kitchener.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.