4 & 5 - 1077 WEBER STREET E, Kitchener

$149,900

4 & 5 - 1077 WEBER STREET E, Kitchener — photo 14 & 5 - 1077 WEBER STREET E, Kitchener — photo 24 & 5 - 1077 WEBER STREET E, Kitchener — photo 34 & 5 - 1077 WEBER STREET E, Kitchener — photo 44 & 5 - 1077 WEBER STREET E, Kitchener — photo 54 & 5 - 1077 WEBER STREET E, Kitchener — photo 64 & 5 - 1077 WEBER STREET E, Kitchener — photo 74 & 5 - 1077 WEBER STREET E, Kitchener — photo 84 & 5 - 1077 WEBER STREET E, Kitchener — photo 9

About this property

Excellent opportunity to acquire a fully renovated, turn-key restaurant with over $80,000 invested in recent renovations. This is not a franchise, offering complete flexibility to establish your own brand or concept. Suitable for a variety of food uses including pizza, shawarma, burgers, fried chicken, Indian cuisine, fast food, takeout, café, or a cloud kitchen (subject to landlord approval and applicable regulations).The premises feature a fully equipped commercial kitchen with a commercial exhaust hood, prep area, storage space, and approx 40 seating. Ideal for owner-operators, franchisees, or investors seeking a ready-to-operate food business with minimal start-up costs.Current base rent is only $2,962/month until March 2028, plus TMI of $1,145/month (plus applicable HST). The landlord is willing to offer a new 5-year lease with an additional 5-year renewal option, subject to the landlord's approval of the new tenant. A true plug-and-play opportunity to start operating immediately. (id:66939)

Property details

Price
$149,900
Property type
Business
MLS® number
X13749822

Location

Map showing the location of 4 & 5 - 1077 WEBER STREET E, Kitchener

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Source board: Toronto Regional Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.