Gateway Market Convenience Store For Sale - 5 Wellington St S, Kitchener, ON (Station Park

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Gateway Market Convenience Store For Sale - 5 Wellington St S, Kitchener, ON (Station Park - Downtown)

For Lease $ 210,000
LOCATION: Kitchener Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Retail Businesses for Sale | Smoke & Vape Shops for Sale
LISTING TYPE: Convenience Stores for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Variety Stores for Sale

Station Park in Kitchener, Ontario, epitomizes modern urban living, offering an array of upscale amenities that elevate the resident experience. Situated strategically near Kitchener's downtown core, Station Park ensures easy access to local shops, dining, and entertainment, creating a dynamic and connected living experience for professionals, individuals, and those seeking the best of urban living in Kitchener.

The upcoming area of Midtown is located in between Downtown Kitchener and Uptown Waterloo. The new LRT line will make transportation throughout the Midtown area a breeze and is expected to attract many new businesses along the route. The Grand River Hospital and Sunlife Headquarters are also within walking distance to much of the Midtown area.

Kitchener is in the midst of an exciting transition from a manufacturing city to a destination for international technology companies. Phase 1 of this development consists of 583 residential units.

Size: 782 sq. ft. approximately

Type: Condo tower

Term: 5 Years with 5 Year Option

Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions

Franchise Fee: $30K+HST

Monthly Rent: $3,551.58/mo +HST, including TMI, excluding Utilities

$180,000 - 210,000

*Construction & Equipment estimate varies by size & space condition

*Inventory estimate $15,000 – 35,000; varies by store size and categories