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BrokerStudio
Suite of tools & services
Benefits
Monthly Rate
$3,400
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
NO RENT FOR 45 DAYS: Welcome to 150 VICTORIA STREET N, KITCHENER Unit 3 (UPPER LEVEL). Great opportunity to lease this unit with 4 Rooms, at a perfect location and in a high traffic as well as pedestrians area. Are you Looking for a space to start your new venture, look no further. This property has come with so many thoughtful opportunities that you can start over here. Unit 3 is at upper level and is available for lease to be used for multiple commercial activities. This multi-purpose property with MU-2 ZONING, offering a multitude of uses. PERMITTED USES Includes: Commercial Entertainment, Commercial Recreation, Craftsman Shop, Educational Establishment, Financial Establishment, Health Clinic, Health Office, Home Business Hospice (2013-124, S.51), Medical Laboratory, veterinary services, Office, Personal Services, Printing Establishment, Private Club, Retail Security or Janitorial Services. Please Note: Lease term will be 2-4 years and rent will be increased 5% each year. After completion of term, notice of 90 days will be required for both landlord and tenant to vacate the property. Subletting is not allowed. This property nestled in a Great location for pedestrian traffic and is just Steps to The Main Via Rail Station (Go Bus), Google Headquarters, Downtown and all kind of Amenities Nearby. This is a great place to start your business or expand an existing one. So, move in, set up and start into a fantastic business venture. Don't miss this opportunity to lease this fantastic commercial space that offers everything you need to thrive in the bustling Kitchener Downtown. BOOK YOUR SHOWING TODAY! (id:39198)
Location
Province
Ontario
City
Kitchener
Address
150 Victoria Street N Unit# 3 (upper Lev
Postal Code
N2H5C6
Location Highlights
N/A
Listed by
RE/MAX Twin City Realty Inc. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
1,451
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Monthly Rate
$3,400
Asking Price
$3,400
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,451
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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