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Home ON Kitchener - Cambridge - Waterloo Kitchener Alpine
340 KINGSWOOD DRIVE
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340 KINGSWOOD DRIVE $699,000
$699,000
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340 KINGSWOOD DRIVE
Kitchener, Ontario N2E2K2

MLS® Number: X11980044

Listing 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. (39913759)

Location Description

Homer Watson & Block Line Rd

Property Summary

Property Type
Business
Annual Property Taxes
$1,800
Time on REALTOR.ca
56 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Service (Gas station)
Neighbourhood Features
Amenities Nearby
Public Transit

Land

Other Property Information
Zoning Description
Commercial
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
NIK PANDYA