Added 4 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: Commercial
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Age: No Data
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Taxes: 24096
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MLS®#: X9018550
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Days on Site: 77 Days
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Added: Jul 08, 2024 (4 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: RE/MAX TWIN CITY REALTY INC.
Turn key Business, Welcome to a fantastic business opportunity located in the heart of Uptown Waterloo at the intersection of Erb St E and Regina St N, a densely populated area with lots of foot traffic and close proximity to bars, Waterloo Public Square, offices, and other shopping. Seating up to 36 inside the restaurant, with additional seating available outside on the patio during the summertime. This great restaurant business is waiting for the next owner/operator! Masala Bay, Indian Fine Dining, offers Indian cuisine and is the finest quick-service restaurant for people who crave great Asian cuisine. Whether for dine-in, takeout, curbside pickup, or delivery, all options have contributed to the success of this business. This restaurant is independently owned, with no franchise fees or restrictions on menu options, providing the freedom to use whichever suppliers you prefer, along with low overhead and great returns. Our loyal customers continue to return time after time for outstanding dishes and excellent service. Waterloo is one of the three cities in the Waterloo Region and is a very busy city due to its two major universities (the University of Waterloo and Wilfrid Laurier University) and one college campus (Conestoga College) in Ontario, Canada. Waterloo is situated about 94 km (58 mi) west-southwest of Toronto. With a large, beautiful farmer's market in St. Jacobs, there is a significant and very busy market opportunity. Low rent for this restaurant business premises (approximately 1,584 square feet), with a patio facility. Don't miss out on this excellent business opportunity; book your private showing today!
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Waterloo
Availability Date: immediate
Inside
Air Conditioning: N
Building
Basement: N
Heat Type: Gas Forced Air Closd
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Tax Legal Description: LT 2 W/S QUEEN ST PL 491 CITY OF WATERLOO; LT 3 PL
Taxes: $24,096
Taxes Type: T.M.I.
Land
Cross Street: KING ST N/ERB ST E/R
Municipality District: Waterloo
Parcel Number: 223740044
Lot Frontage: 121.92 Feet
Zoning: Commercial
Commercial Specific
Number of Employees: 3
Retail Area: 1584
Retail Area Metric: Sq Ft
Total Area: 1584
Total Area Metric: Sq Ft
Hours Open: 11
Office Size Metric: Sq Ft
Area Influence: Public Transit
Area Influence: Rec Centre
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Unit
Seats: 36
Financial Statement: Y
LLBO: Y
Our Lady of Lourdes Catholic Elementary School
Elementary: CatholicÉcole élémentaire L'Harmonie
Elementary: PublicWestmount Public School
Elementary: PublicMacGregor Public School
Elementary: PublicElizabeth Ziegler Public School
Elementary: PublicEmpire Public School
Elementary: PublicSt David Catholic Secondary School
Secondary: CatholicForest Heights Collegiate Institute
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicResurrection Catholic Secondary School
Secondary: Catholic
