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Main Photo: 308 King Street N in Waterloo: Commercial for sale : MLS®# X12601802
Photo 1: 308 King Street N in Waterloo: Commercial for sale : MLS®# X12601802
Photo 2: 308 King Street N in Waterloo: Commercial for sale : MLS®# X12601802
Photo 3: 308 King Street N in Waterloo: Commercial for sale : MLS®# X12601802
Photo 4: 308 King Street N in Waterloo: Commercial for sale : MLS®# X12601802
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Photo 15: 308 King Street N in Waterloo: Commercial for sale : MLS®# X12601802
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Photo 19: 308 King Street N in Waterloo: Commercial for sale : MLS®# X12601802
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12601802
Bus Major:
Fast Food/Takeout
GC Burger franchise location in the heart of the University District in Kitchener-Waterloo.Situated at the base of 308 King, a newly built condo tower dedicated to student accommodation,this is a prime location for high foot traffic and visibility. The unit features 1,073 sq ft with a modern QSR layout, seating for 16 inside, plus a patio with additional seating. Equipped with a massive 16-ft commercial hood, two walk-in fridges, and a full line of new equipment-this turnkey setup is ideal for efficient operations. Attractive lease rate of $5,487 gross rent including TMI with 4 + 5 years remaining. Full training to be provided pending franchisor approval, with royalties set at 6% + 2.5%. Please do not go direct or speak to staff.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1073 sq. ft. Square Feet
Total Area:
1,073 sq. ft.
Retail Area:
1073 sq. ft. Sq Ft
Lot Depth:
250'5"
Lot Frontage:
188'7½"
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Business Commercial
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Parking Spaces:
20
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2024
Assessment:
$- / -
Waterloo
Waterloo
Public Transit, Recreation/Community Centre
None
No
No
Amperage:
600
Volts:
200
Utilities:
Available
Sewers:
Sanitary Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Fast Food/Takeout
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
11-12
Employees:
5
Chattels:
Yes
LLBO:
No
Outside Storage:
No
Seats:
16
Date Listed:
Dec 04, 2025
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated December 4, 2025 at 09:15 PM (UTC)
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