INVEST IN A THRIVING KITCHENER RESTAURANT: 6058 SQFT PUB WITH HIGH REVENUE, PRIME LOCATION, AND PARKING FOR 70 VEHICLES!

Asking Price: $599,000
190 Gateway Park Dr Kitchener, ON Canada

About 190 Gateway Park Dr:

Welcome to Kitchener, Ontario, where the real estate market is hot and businesses are thriving! This stunning 6058 sqft restaurant/pub is the perfect investment opportunity for any entrepreneur looking to expand their portfolio. Located in the heart of the city, this property offers a prime location with high visibility and a large parking lot that can accommodate up to 70 vehicles.

Upon entering the building, you will be greeted by the spacious interior that is flooded with natural light. The fully air-conditioned space offers a comfortable atmosphere for customers to enjoy their meal and drinks. The restaurant/pub is equipped with three bathrooms, ensuring that all guests are accommodated. The exterior building size of 6058 sqft provides ample space for hosting events and large groups.

The restaurant/pub is currently operating successfully and has become a popular destination for locals and tourists alike. The current owners have taken great care to ensure that the business is profitable and has a loyal customer base. The restaurant/pub offers a diverse menu that caters to all dietary needs, including vegetarian and gluten-free options. The establishment is fully licensed, allowing guests to enjoy their favorite alcoholic beverages with their meals.

The business has an impressive annual revenue of $1.2 million, making it a lucrative investment for any aspiring entrepreneur. The annual property taxes are only $3,432.87 (CAD), which is a testament to the affordability of the Kitchener real estate market. The utilities are supplied by municipal water, ensuring a reliable source of water for the establishment.

Kitchener is a beautiful city that is known for its diverse culture, thriving arts scene, and bustling downtown core. The city is home to several famous festivals and events, including the Kitchener-Waterloo Oktoberfest, which attracts millions of visitors annually. The city is also home to several post-secondary institutions, including the University of Waterloo and Wilfrid Laurier University, which ensures a steady stream of customers year-round.

Investing in this restaurant/pub is an excellent opportunity to be a part of the thriving Kitchener community and to capitalize on the city's growing economy. The property's location offers easy access to major highways, making it a convenient stop for travelers passing through the area. The large parking lot ensures that all customers have ample space to park their vehicles, making the establishment easily accessible to all.

The restaurant/pub has been meticulously maintained and is in excellent condition. The establishment is fully equipped with all the necessary appliances and equipment, ensuring that the business can continue to operate smoothly under new ownership. The current owners are willing to provide training and support to the new owners to ensure a smooth transition of ownership.

In conclusion, this 6058 sqft restaurant/pub is an excellent investment opportunity for any entrepreneur looking to expand their portfolio. The property's prime location, ample parking, and impressive revenue make it a lucrative investment in the thriving Kitchener real estate market. Don't miss out on this opportunity to be a part of the growing Kitchener community and invest in a profitable business! Contact us today to schedule a viewing and take the first step towards owning this fantastic property.

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Features of Property

Type of Real Estate

Business

Square Footage

6058 sqft

Annual Property Taxes

$3,432.87 (CAD)

Number of Parking Spaces

70

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Features of Building

Bathrooms
Total

3

Building Features
Square Footage

6058 sqft

Heating & Cooling
Other

Fully air conditioned

Utilities
Water

Municipal water

Exterior Features
Exterior Building Size

6058 sqft

Business
Business Type

Restaurant (Restaurant/pub)

Parking
Number of Parking Spaces

70

Property Agent

MAHESH PATANI

CENTURY 21 EMPIRE REALTY INC

80 PERTOSA DR #2, BRAMPTON, Ontario L6X5E9