169 Madison Avenue S, Kitchener, ON

$1,598,800

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About 169 Madison Avenue S

Don't Look Further, Be Your Own Boss!! The Money-Making Machine Is In The Growing Crown Of West End. Convenience Store (Tobacco, LOTO, Western Union + Retail), Commercial Kitchen And 3 Rental Units. Retail Convenience Stores Are Making over $40,000 Per Month Gross Revenue, Take Out Kitchen Is Making Over $12,000 Per Month. Basement Rented At $2250.00 Per Month And The Owner Live On The 2nd Floor, Which Can Easily Be Rented At $2800.00 Per Month. Tons Of Upgrades So You Don't Have To Do Anything. Two Electric Panels: Store 200 AMPS Panel, Top Floor And Basement Is 100 Amps Panel. All Breakers. All New Panels. Store Panel Upgraded In 2018. Commercial Kitchen Was Built In 2016, Parking 10–12 Cars, Roof 2015, Deck 2012, Upstairs Kitchen/bathroom/flooring 2011, All Windows Doors 2016, -All Plumbing Both Water And Sewer 2012, Basement Redone In 2015, Basement Washroom 2022, Garage With Apartment 2022. (Everything Is New. All Rebuilt From Scratch With Heating), New Store Front And Sidi ng 2023, New Furnace 2023, Central Air 2013, Ductless Heat And Air In Store 2018, Enclosed Addition(deck) For Kitchen & Store 2022, Drop Ceiling With New Lights For Store And Kitchen 2016, Grease Traps In Kitchen And Backflow Was Installed With Kitchen. 2016. New storage shed built in 2022. The Seller Is Willing To Provide Training And Vacant Possession Can Be Provided. Don't Wait To Buy This ATM!!

Features of 169 Madison Avenue S

MLS® # 40569139
Price $1,598,800
Bathrooms 0.00
Acres 0.00
Type Commercial Sale
Sub-Type Store with Apt/Office,Commercial
Status Active

Community Information

Address 169 Madison Avenue S
Area 3 - Kitchener West
Subdivision 313 - Downtown Kitchener/West Ward
City Kitchener
County Waterloo
Province ON
Postal Code N2G 3M7

Amenities

Utilities Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Parking Attached Garage, Asphalt
# of Garages 0.00
Is Waterfront No

Interior

Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Features Storage
Lot Description Airport, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools
Construction Brick, Shingle Siding, Vinyl Siding, Wood Siding
Foundation Poured Concrete

Additional Information

Date Last Updated January 15th, 2025
Zoning R3

Listing Details

OfficeIQI GLOBAL REAL ESTATE

Listing Map

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