140 UNIVERSITY Avenue W Unit# 2-5
Waterloo, Ontario
MLS® 40847280
$590,000
- Status
- Active
- Property type
- Business
- MLS® number
- 40847280
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 35Listing 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.
Property summary
- MLS® number
- 40847280
- Property type
- Business
- Days on market
- 80 days
Features & details
- Basement
- None
What would this home cost you?
Based on the $590,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Peaceland Realty, Waterloo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.