Kitchener, ON N2G 3M7,169 Madison Avenue S
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Kitchener, ON N2G 3M7,169 Madison Avenue S
Kitchener, ON N2G 3M7,169 Madison Avenue S
Kitchener, ON N2G 3M7,169 Madison Avenue S
Kitchener, ON N2G 3M7,169 Madison Avenue S
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Listed by Muhammad Asif Nadeem • IQI GLOBAL REAL ESTATE
$ 1,598,800
Est. payment /mo
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Active

169 Madison Avenue S Kitchener, ON N2G 3M7

4,000 SqFt


UPDATED:

11/01/2024 04:04 AM

Key Details

Property Type Commercial

Sub Type Store with Apt/Office,Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $399

MLS Listing ID 40569139

Abv Grd Liv Area 4,000

Originating Board Mississauga

Annual Tax Amount $6,311

Property Description

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!!

Location

Province ON

County Waterloo

Area 3 - Kitchener West

Zoning R3

Direction COURTLAND AVE E AND MADISON AVE S

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Exterior Feature Storage

Parking Features Attached Garage, Asphalt

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected

Lot Frontage 55.2

Lot Depth 113.75

Garage No

Building

Lot Description Airport, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools

Faces COURTLAND AVE E AND MADISON AVE S

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Shingle Siding,Vinyl Siding,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 225050009

Ownership Freehold/None


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169 Madison Avenue S