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$ 429,000
Est. payment /mo
New
308 King ST N Waterloo, ON N2L 3V2
1 Bath
1,073 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,073 sqft
Price per Sqft $399
MLS Listing ID X12336892
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
GC Burger franchise location in the heart of the University District in Kitchener-Waterloo.Situated at the base of 308 King, a newly built condo tower dedicated to student accommodation,this is a prime location for high foot traffic and visibility. The unit features 1,073 sq ft with a modern QSR layout, seating for 16 inside, plus a patio with additional seating. Equipped with a massive 16-ft commercial hood, two walk-in fridges, and a full line of new equipment this turnkey setup is ideal for efficient operations. Attractive lease rate of $5,487 gross rent including TMI with 4 + 5 years remaining. Full training to be provided pending franchisor approval, with royalties set at 6% + 2.5%. Please do not go direct or speak to staff.
Location
Province ON
County Waterloo
Area Waterloo
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Building
Lot Description Lot
Lited by ROYAL LEPAGE SIGNATURE REALTY