340 Kingswood Drive, Kitchener | Image 1

340 Kingswood Drive

Kitchener

  • Commercial

$699,000
For Sale

Added 2 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Gas Stations

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 1800

  • MLS®#: X11980044

  • Days on Site: 2 Days

  • Added: Feb 19, 2025 (2 days ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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.

Property

  • Status: Sale

  • Type: Gas Stations

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Kitchener

  • Availability Date: Flexible

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes: $1,800

  • Taxes Type: T.M.I.

Land

  • Cross Street: Homer Watson & Block

  • Municipality District: Kitchener

  • Parcel Number: 226000573

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 900

  • Retail Area Metric: Sq Ft

  • Hours Open: 24

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

  • LLBO: N

Map of 340 Kingswood Drive, Kitchener
JK-6

Rockway Public School

Elementary: Public
1.38 km
JK-6

Alpine Public School

Elementary: Public
0.70 km
JK-8

Blessed Sacrament Catholic Elementary School

Elementary: Catholic
1.55 km
JK-8

Our Lady of Grace Catholic Elementary School

Elementary: Catholic
0.48 km
JK-6

ÉÉC Cardinal-Léger

Elementary: Catholic
1.47 km
JK-6

Country Hills Public School

Elementary: Public
0.56 km
9-12

Rosemount - U Turn School

Secondary: Public
5.01 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
4.07 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
2.53 km
Pre-Grade 9-12

Huron Heights Secondary School

Secondary: Public
2.69 km
9-12

St Mary's High School

Secondary: Catholic
0.27 km
Pre-Grade 9-12

Cameron Heights Collegiate Institute

Secondary: Public
3.02 km
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