585 WEBER STREET N
Waterloo, Ontario
MLS® X13613914
$449,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13613914
- Bedrooms
- —
- Bathrooms
- 1
- Year built
- —
1 / 4Listing description
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.
Property summary
- MLS® number
- X13613914
- Property type
- Retail
- Size
- 2,000 sq ft
- Land size
- Unit=40 x 50 FT
- Days on market
- 62 days
Features & details
- Heating
- Forced air
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $449,000 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 LIVIO REAL ESTATE, BRAMPTON.
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.