Skip to content
Renanza Realty
For sale

23 KING STREET N

Waterloo, Ontario

MLS® X13177870

$289,000

Status
Active
Property type
Business
MLS® number
X13177870
Bedrooms
Bathrooms
Year built

Listing description

Turnkey restaurant opportunity in prime Uptown Waterloo on King Street! Recently renovated and thoughtfully designed, this beautifully finished space is fully equipped with a brand-new commercial kitchen, with all equipment fully owned and included. No rentals or additional equipment contracts to assume.

A recently approved LLBO license allows for up to 72 seats, including a patio, offering excellent revenue potential and allowing for immediate operation. Currently operating as a well-known and profitable franchise, this opportunity offers the flexibility to continue the existing successful brand or seamlessly convert to your own unique restaurant concept. Excellent street exposure, strong foot traffic, and a warm, inviting interior make this an exceptional location for long-term success.

Lease secured until November 30, 2030 with a 5-year renewal option. A rare opportunity to acquire a fully built-out, recently upgraded restaurant in one of Waterloo's most desirable and high-demand dining districts.

Property summary

MLS® number
X13177870
Property type
Business
Square footage
2,500 sq ft
Parking
Other
Days on market
92 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $289,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,345 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX YC REALTY, Markham.

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.