556 Stirling Avenue S, Kitchener, Ontario N2M 3J6

Listed for:
$1,700,000
0 beds
0 baths
Listed 20 days ago
Retail for rent: 556 Stirling Avenue S, Kitchener, Ontario N2M 3J6

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About

Take advantage of this rare opportunity to own a well-established commercial property and business in a thriving residential community. Zoned for a variety of neighborhood-serving commercial uses, this property offers flexibility for owner-operators, entrepreneurs, and investors seeking multiple income streams and long-term growth potential. Located in a densely populated area with limited nearby competition, the business enjoys a loyal customer base and strong growth potential. The approximately 1,450 sq. ft. retail space provides ample room for merchandising and expansion. Several new multi-unit residential developments in the area are expected to further increase customer traffic and sales opportunities. Ideal for a convenience or variety store operation, the business offers multiple revenue streams, including vape products, lottery sales, beer and wine sales (subject to applicable approvals), cigarettes, snacks, beverages, and everyday household essentials. additional monthly commission income includes: • Liquor Sales: Approx. $2,550–$2,750 • Cigarettes: Approx. $1,850 • Lottery: Approx. $980–$1,150 These commissions are in addition to regular retail sales, providing a solid income foundation. Whether you are looking for a turnkey family business or an investment with future upside, this is a rare opportunity to own an established operation in an expanding neighborhood with significant growth potential. (id:27476)

Property Highlights

MLS® Number
40836499
Type
Retail
Ownership Type
Freehold
Land Size
under 1/2 acre

Building

Building Type
Retail
Storeys
1.00
Square Footage
5836 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Royal LePage Peaceland Realty
MLS® number:
40836499
Agent:
Li Zhang
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