340 Kingswood Drive Active

Kitchener,ON N2E 2K2

$ 699000

- Bed

- Bath

- SqFt


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

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