1A-247 King Street North, Waterloo | Image 1

1A-247 King Street North

Waterloo

  • Commercial

$399,000
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: C6

  • Age: No Data

  • MLS®#: X11955191

  • Added: Feb 04, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: RE/MAX REAL ESTATE CENTRE INC.

An excellent opportunity to own an independent food business or take over and operate the existing franchise in one of Waterloos busiest and most high-demand areas. Located just steps away from high schools, universities, and student residences, this site thrives on heavy foot traffic. Positioned directly across from Wilfrid Laurier University and within walking distance of the University of Waterloo and Conestoga College, it benefits from being surrounded by over 50,000 full-time university students, ensuring a steady stream of potential customers. The existing business includes an LLBO license, allowing the new owner to transfer it for their own concept. Ample parking, and a favorable 5+5-year lease. Dont miss this exceptional chance to take over a thriving business in a prime location. Please avoid contacting or speaking directly with employees

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Waterloo

  • Availability Date: FLEXIBLE

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2025

  • Taxes Type: Annual

Land

  • Cross Street: King St N & Universi

  • Municipality District: Waterloo

  • Lot Depth: 173.8 Feet

  • Lot Frontage: 242.34 Feet

  • Zoning: C6

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 1350

  • Retail Area Metric: Sq Ft

  • Total Area Metric: Sq Ft

  • Hours Open: 11am-3a

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 28

  • Financial Statement: Y

  • LLBO: Y

JK-6

ÉÉC Mère-Élisabeth-Bruyère

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1.45 km
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Winston Churchill Public School

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Our Lady of Lourdes Catholic Elementary School

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École élémentaire L'Harmonie

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MacGregor Public School

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Elizabeth Ziegler Public School

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St David Catholic Secondary School

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2.06 km
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Waterloo Collegiate Institute

Secondary: Public
0.49 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
4.28 km
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