585 Weber Street N, Waterloo, Ontario N2V 1V8

Listed for:
$449,000
0 beds
1 baths
Listed 64 days ago
585 Weber Street N, Waterloo, Ontario N2V 1V8

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About

Weber ST N 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 $80,000 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. (id:27476)

Property Highlights

MLS® Number
X13613914
Type
Retail
Land Size
Unit=40 x 50 FT

Building

Square Footage
2000 sqft
Bathrooms Total
1
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
LIVIO REAL ESTATE
MLS® number:
X13613914
Agent:
Ashokkumar Jagannath Pandit
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