1472 King St E, Kitchener, ON, N2G 2N8

MLS® # X5881089

Commercial For Sale In Eastwood, Kitchener, Ontario

$129,000

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1472 King St E, Kitchener, ON, N2G 2N8

$129,000

Property Information:

Large 2,500 Sq Ft Restaurant Located On King Street In Kitchener Is Available For Take-Over Or For Rebranding. This Popular Location Has Excellent Sales And A Great Location Right Off Of The Split Of Highway's 7 And 8 With Access To The 401. There Is An 11-Foot Commercial Hood In The Open Concept Kitchen. Open To New Concepts, Cuisines, And Franchises. Also Available As The Current Restaurant Concept With Training To Be Provided.

The New Operator Will Have A Brand-New Lease With Gross Rent Of $6,746 Including Tmi With A Long 5 + 5 + 5 Year Term. Liquor License Of 73 + 28 On The Sunny West Facing Patio, With Parking For 32. Please Do Not Go Direct Or Speak To Staff.

Building Features:

Style: Business
Basement: Yes
Elevator: None
Garage Type: Outside/Surface
Parking: Yes
Heat Type: Gas Forced Air Closd

Property Features:

Bathrooms: 2
Annual Tax Amount: $0
Air Conditioning: Central Air
Area Influences: Public Transit
Lot Depth: 128.32 Feet
Lot Frontage: 86.81 Feet
Occupancy: Own+Ten
Sewers: San+Storm
Survey: No
UFFI: No
Utilities: Available
Water: Municipal

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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Notes:

Ryan Earl

Broker Royal LePage Signature Realty , Brokerage*

Direct 416.443.0300

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Manna Au

Real Estate Agent/Property Manager Royal LePage Signature Realty , Brokerage*

Mobile:416.843.4318

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Market Price Trends

Location of 1472 King St E, Kitchener, ON, N2G 2N8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 1472 King St E , experiences 7 hot days per year at around 30.75 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.31 degrees Celsius.

Projected Avg. Temperature

Past

30.75℃

2050

34.31℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 1472 King St E , experiences 11 significant 2-day storms per year, with about 320.19mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 397.83mm of precipitation per year.

Precipitation Per Storm

Past

320.19mm

2050

397.83mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1472 King St E, Kitchener, ON, N2G 2N8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$75,774.17

Average Number of Children

0.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.91 %

High school certificate or equivalent

27.16 %

Apprenticeship trade certificate/diploma

16.62 %

College/non-university certificate

21.72 %

University Degree

13.05 %

Commuter

Travel To Work

By Car

84.51 %

By Public Transit

3.38 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

12.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.15 %

Houses

55.84 %

Own Vs. Rent

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1472 King St E, Kitchener, ON, N2G 2N8 $129,000 MLS® # X5881089

Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 1472 King St E, Kitchener, ON, N2G 2N8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1472 King St E, Kitchener, ON, N2G 2N8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1472 King St E, Kitchener, ON, N2G 2N8

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