Kitchener, ON N2E 2K2,340 Kingswood Drive
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Listed by Nish Shah • CENTURY 21 PEOPLE'S CHOICE
$ 699,000
Est. payment /mo
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340 Kingswood Drive Kitchener, ON N2E 2K2


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40707795

Property Sub-Type Commercial

Source Waterloo Region

Property Description

Very Profitable Mobil Gas Station Business in a busy area of Kitchener, Ontario. This family-oriented business offers a great opportunity with modern Wayne pumps providing all gasoline grades. Located in a high-density area with excellent road exposure, the station generates approximately 4.5 million in annual gas volume. Yearly Inside revenue between $850K to $900K includes 40-45% from grocery sales (35%), 40-50% from tobacco (13%), Avg. 8% in lotto commissions. Additional revenue from ATM, Bitcoin, Propane, Towels, etc. Potential growth area to add Beer/Wine. Most attractive low rent of approx. $11K Per month (incl. TMI, HST, Utilities) with long lease available.

Location

Province ON

County Waterloo

Direction On the intersection of Homer Watson and Blockline Rd.

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Garage No

Building

Lot Description Public Transit

Faces On the intersection of Homer Watson and Blockline Rd.

New Construction No

Others

Senior Community No


agent

Christine Caparello

Advisor

+1(905) 462-2775

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340 Kingswood Drive