556 STIRLING Avenue S
Kitchener, Ontario
MLS® 40836499
$1,700,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 40836499
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 18Listing description
Take advantage of this rare opportunity to own a well-established commercial property and business in a thriving residential community. Zoned for a variety of neighborhood-serving commercial uses, this property offers flexibility for owner-operators, entrepreneurs, and investors seeking multiple income streams and long-term growth potential. Located in a densely populated area with limited nearby competition, the business enjoys a loyal customer base and strong growth potential.
The approximately 1,450 sq. ft. retail space provides ample room for merchandising and expansion.
Several new multi-unit residential developments in the area are expected to further increase customer traffic and sales opportunities. Ideal for a convenience or variety store operation, the business offers multiple revenue streams, including vape products, lottery sales, beer and wine sales (subject to applicable approvals), cigarettes, snacks, beverages, and everyday household essentials. additional monthly commission income includes: • Liquor Sales: Approx.
$2,550–$2,750 • Cigarettes: Approx. $1,850 • Lottery: Approx. $980–$1,150 These commissions are in addition to regular retail sales, providing a solid income foundation.
Whether you are looking for a turnkey family business or an investment with future upside, this is a rare opportunity to own an established operation in an expanding neighborhood with significant growth potential.
Property summary
- MLS® number
- 40836499
- Property type
- Retail
- Building type
- Retail
- Square footage
- 5,836 sq ft
- Title
- Freehold
- Annual property taxes
- $6,147.39
- Days on market
- 84 days
Features & details
- Basement
- Full
- Community features
- High Traffic Area
What would this home cost you?
Based on the $1,700,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Peaceland Realty, Waterloo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.