For Sale

1 Queen Street, Kitchener, Ontario N2H 2G7

$149,000

1 Queen Street, Kitchener, Ontario N2H 2G7 is For Sale and has a listing price of 149,000. The property is located in the Kitchener . It's been on the website for 1 Day.

  • Sale Of Business
    Property Type
  • MLS ID: X12904566
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Property Description

Exceptional turnkey restaurant opportunity available immediately in downtown Kitchener. This restaurant was fully built out in 2022 and comes fully equipped with modern, high-quality finishes and equipment throughout. True Fridges and Freezers, 55 inch TVs, 10 Tap Draught Tower, Sound System, Large Kitchen Exhaust Hood, Camera System, Banquettes, Tables, Chairs, Flat Tops, Fryers and so much more. The space features a transferable liquor license for 112 seats and a fantastic lease in place until June 2032, with two additional five-year renewal options. Offering a competitive rental rate of $8,600 per month inclusive of TMI, this is an ideal opportunity for established restaurant operators or brands seeking a high-traffic, high-visibility downtown location with a strong long-term lease and minimal setup time. This Sub-Lease is subject to approval by the Sub-Landlord and Head Landlord. Must be qualified operators. No coffee use permitted.

Property Details
  • MLS ID: X12904566
  • Price: $149,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12904566
  • Year Built: N/A
  • Dir / Cross St: Queen St N & King St W
  • Status: Active
  • Tax Year: 2026
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
03/20/2026 X12904566 $149,000 For Sale - -
03/20/2026 X12904528 $8,600 For Sub-lease - -
10/30/2025 X12489586 $25 For Sub-lease - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kitchener
  • $965,748 Average List Price
    based on 1 year
  • 259 New Listings
    based on 30 days
  • 48 Median Days on Market
    based on 1 year
  • List vs. Selling Price 186.68 % Up
  • Sold (12mo) 761
  • Rented (12mo) 427

  • 1 Month Change -30.7%
  • 3 Month Change -22.6%
  • 6 Month Change -16.6%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: $2,471
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: IMMEDIATE
  • Listing Entry Date: 20/03/2026 18:25:31
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