B6 - 1400 WEBER STREET E, Kitchener

$188,880

For sale: Other

Other at B6 - 1400 WEBER STREET E, Kitchener
Property type
Sale Of Business
MLS®
MLS® X13166840

Rare opportunity to acquire a well-established Chinese takeout restaurant in a busy high-visibility Kitchener plaza near Fairview Park Mall and Hwy 8. Approx. 1,265 SF with a fully equipped commercial kitchen featuring oversized exhaust hood system, multiple wok stations, walk-in cooler & freezer, and extensive infrastructure ideal for high-volume Chinese cooking. Strong street exposure, ample on-site parking, established takeout and delivery business, and surrounded by dense residential and commercial amenities. Turn-key opportunity ideal for owner-operators or experienced restaurateurs looking to expand or establish a Chinese food business. Lease transfer subject to landlord approval.

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 38, across 447 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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 $640,000.

Homes sold for about 1.3% below asking on average, so there was room to negotiate.

About 36% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$640,000
Sale-to-list ratio
98.7%
Sold above asking
36%

Based on 447 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near B6 - 1400 WEBER STREET E