556 Stirling Avenue S Kitchener, Ontario N2M 3J6

$1,700,000

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:48169)

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https://www.realtor.ca/real-estate/29851002/556-stirling-avenue-s-kitchener