140 University Avenue W Unit# 2-5,Waterloo, ON N2L6J3
Waterloo, ON N2L6J3
Description
Prime Investment Opportunity, Own a landmark commercial business in the heart of Waterloo's thriving university district,presenting a rare opportunity to acquire a well-established business and income-producing commercial asset in the highly sought-after University Plaza, directly serving the vibrant communities of the University of Waterloo and Wilfrid Laurier University.Surrounded by thousands of students, faculty members, professionals, and local residents, this prime location enjoys exceptional visibility, consistent foot traffic, and strong year-round consumer demand. Prime location in Waterloo's premier university commercial district Established supermarket with a loyal customer base and strong local reputation Fully equipped and operational, ready for seamless ownership transition Excellent accessibility with ample parking and convenient transit connections Ideal for owner-operators or investors seeking stable long-term value Reliable Rental Income In addition to the supermarket operation, the property features several established tenants, including: A vape retail store An arcade entertainment venue A Chinese restaurant These leased spaces generate approximately CAD $13,000 in monthly rental income, providing immediate, stable cash flow while enhancing the property's overall investment performance. Located in one of Waterloo's strongest and most resilient retail markets Supported by two internationally recognized universities with a large, year-round customer base Multiple income streams through both business operations and rental revenue Strong long-term appreciation potential driven by continued population growth and commercial development Whether you are an experienced investor, an entrepreneur looking to expand your portfolio, or an owner-operator seeking a flagship location, offers an exceptional combination of stable income, operational potential, and long-term capital appreciation. (id:13843)
Details
| MLS # | 40847280 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 105 |
| Listing Provided By | Royal LePage Peaceland Realty | Li Zhang |
Features
Interior
| Fireplace Yes / No | No |
|---|
Area Information
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2L6J3 |
| Listing VS Median (in N2L6J3) | |
Price: $590,000 low | high Med: $29,900 On site: 105 low | high Med: 49 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Waterloo |
| Postal Code | N2L6J3 |
| Listing VS Median (in N2L6J3) | |
Price: $590,000 low | high Med: $29,900 On site: 105 low | high Med: 49 | |
