Kitchener, ON N2E2K2 340 Kingswood Drive

$699,000

Presented By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

MLS# X11980044
02/19/2025

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Home Details

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.

Presented By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Interior Features for 340 Kingswood Drive

Bedrooms

Other Interior Features

SeatingCapacity0

Air Conditioning Y/NNo

Basement (Y/N)No

Elevator?No

Fireplace Y/NNo

Heating Y/NNo

General for 340 Kingswood Drive

Attached Garage No

Business TypeGas Station

CityKitchener

Community FeaturesPublic Transit

CoolingYes

CountyWaterloo

Electric On Property Y/NNo

Garage Y/NNo

Heater TypeGas Forced Air Open

Lot Depth0.0

Lot Size UnitsFeet

ModificationTimestamp2025-04-15T18:00:39Z

New ConstructionNo

Occupancy TypeTenant

Property Attached Y/NNo

Property SubtypeSale Of Business

Property TypeCommercial

Senior Community Y/NNo

Standard StatusPending

StatusSold Conditional

Tax Annual Amount1800.0

Tax Year2024

UtilitiesYes

Waterfront Y/NNo

Exterior for 340 Kingswood Drive

Garage TypeOutside/Surface

Lot Size SourceMPAC

SpaNo

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.

Price $699,000

MLS#X11980044

List Date 02/19/2025

Property Type Commercial

Phone 289.816.2923

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Kitchener, ON N2E2K2 340 Kingswood Drive

$699,000

Home Details

Interior Features for 340 Kingswood Drive

Bedrooms

Other Interior Features

General for 340 Kingswood Drive

Exterior for 340 Kingswood Drive

Additional Details

Zayd Hamamiyah

Similar Properties to 340 Kingswood Drive

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