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308 King Street N, Waterloo, ON, N2L 3V2

MLS® # X12601802
Commercial For Sale In Columbia, Waterloo, Ontario
$279,000

None Beds

1 Bath

308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
308 King Street N, Waterloo, ON
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308 King Street N, Waterloo, ON, N2L 3V2
$279,000

Property Information:

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.

Property Features:

  • Annual Tax Amount: $0
  • Business Type: Fast Food/Takeout
  • Community Features: Public Transit, Recreation/Community Centre
  • Cooling: Yes
  • Floor Space (approx): 1073 Square Feet
  • Garage Type: Outside/Surface
  • Heat Type: Gas Forced Air Closed
  • Lot Depth: 250.39 Feet
  • Lot Frontage: 188.63 Feet
  • Property Use: Without Property
  • Utilities: Available
  • Water: Municipal
  • Sewer: Sanitary Available

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

1.41%

Price change (1 year)

38.44%

Price change (5 years)

All Properties

-0.25%

Price change (1 year)

33.72%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 308 King Street N, Waterloo, ON, N2L 3V2

Demographic Information of 308 King Street N, Waterloo, ON, N2L 3V2

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$73,708.19

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.52 %

High school certificate or equivalent

35.16 %

Apprenticeship trade certificate/diploma

2.55 %

College/non-university certificate

12.79 %

University certificate (below bachelor)

1.34 %

University Degree

38.65 %

Commuter

Travel To Work

By Car

68.76 %

By Public Transit

15.74 %

By Walking

10.32 %

By Bicycle

1.09 %

By Other Methods

4.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

91.51 %

Houses

8.49 %

Own Vs. Rent

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