102 - 318 Spruce Street,Waterloo, ON N2L0E9
Waterloo, ON N2L0E9
Description
Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept. (id:13843)
Details
| MLS # | X13574974 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 100 |
| Listing Provided By | AIMHOME REALTY INC. | VICKY PAN |
Features
| SQ Feet | 1,824 |
|---|---|
| Zoning | Commercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Freezer |
| Fireplace Yes / No | No |
Parking
| Parking Features | Underground |
|---|---|
| Parking Total | 1 |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 19000 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2L0E9 |
| Listing VS Median (in N2L0E9) | |
Price: $899,000 low | high Med: $704,500 sqft: 1,824 low | high Med: 1,362 $ / sqft: $493 low | high Med: $530 On site: 100 low | high Med: 147.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2L0E9 |
| Listing VS Median (in N2L0E9) | |
Price: $899,000 low | high Med: $704,500 sqft: 1,824 low | high Med: 1,362 $ / sqft: $493 low | high Med: $530 On site: 100 low | high Med: 147.5 | |
