$449,000
Available - For Sale
Listing ID: X13613914
585 Weber Street North , Waterloo, N2V 1V8, Waterloo
| Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $96,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential. |
| Price | $449,000 |
| Minimum Rental Term: | 2 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 585 Weber Street North , Waterloo, N2V 1V8, Waterloo |
| Postal Code: | N2V 1V8 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Weber ST N |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | F |
| Total Area: | 2000.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Franchise: | F |
| Days Open: | O |
| Sprinklers: | Yes |
| Washrooms: | 1 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| LIVIO REAL ESTATE |
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|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Baths: | 1 |
| Fireplace: | N |
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