Business Sale Only - 1659 Victoria St N, Kitchener. An outstanding opportunity to purchase a well-established and profitable mechanic business located in a prime, high-traffic area of Victoria Street North in Kitchener. This business benefits from excellent visibility, easy access, and a strong presence in a busy commercial corridor, making it highly attractive to both existing and new customers. The operation generates a steady and lucrative income and has built a loyal customer base over the years. It is ideal for an experienced owner-operator or an investor seeking a proven automotive business with immediate cash flow and ongoing demand. The business operates from an approximately 4,500 sq. ft. commercial space with a transferable lease. The shop is well laid out with multiple service bays, vehicle lifts, and ample working area, allowing for efficient operations and the ability to service multiple vehicles at once. A new rent will be secured to the business buyer (not transferable lease) The current shop consists of 2 shops (unit 1 and Unit 2) Unit 1 is OMVIC approved (dealership) and service centre 50 parking spots available for the units. This is a rare chance to acquire a turnkey automotive business in a sought-after location with strong growth potential. Business sale only. Serious inquiries are welcome.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
4500 sq. ft. Sq Ft
Lot Depth:
317'8"96.8 m
Lot Frontage:
274'3¼"83.6 m
Water supply:
Municipal
Zoning:
M3
Heating type:
Radiant
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$54,022 /
2026
Assessment:
$- /
2025
Waterloo
Kitchener
Shop comes with four hoist, Two air compressors, Alignment machine, Tire machine and balancer. There's a lot of more tools that can be separate sold as well.
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