$349,000
For sale: Other

Take over the lease for this highly sought-after 2,400 sq. ft. commercial space at 33 Queen Street South, Unit 1B, Kitchener, Ontario. Currently home to a speakeasy, this well-established location offers seven years of successful operational history in a prime downtown setting. Key features include a full kitchen (no venting), 80 seats, and a total capacity of 137-providing a fantastic foundation for a variety of business concepts. This turnkey space is perfectly suited for entrepreneurs ready to bring their vision to life in the heart of downtown Kitchener. Please note, the business name is not included in the sale-this is a lease takeover and chattels sale only. Don't miss this incredible opportunity to establish yourself in a vibrant, high-traffic location!
Sold data
Homes in Kitchener took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 38, across 504 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $649,000.
Homes sold for about 1.3% below asking on average, so there was room to negotiate.
About 37% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 504 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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