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$ 119,000
Est. payment /mo
Price Dropped by $30K
308 King ST N Waterloo, ON N2L 3V2
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X13026914
Tax Year 2025
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
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 188.63
Lot Depth 250.39
Others
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY