111-308 Lester Street East, Waterloo | Image 1

111-308 Lester Street East

Waterloo

  • Commercial

$709,888
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: NMU-8

  • Age: No Data

  • Taxes: 8584.29

  • MLS®#: X8146272

  • Days on Site: 22 Days

  • Added: Mar 15, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE WOLLE REALTY

This is where it is all happening... be sure to take a closer look at this opportunity to own commercial real estate space in the most desirable Sage Platinum II Building which is walking distance to University of Waterloo & Wilfred Laurier University. Situated within the heart of the Waterloo Student Zone this unit has an abundance of potential for your business venture. With an estimated 19,000 students at WLU & over 33,000 students at U of W, there is a constant flow of traffic generated within this area. Currently operating as a Barber Shop with good lease term. At ground level this location consumes walking traffic by students and passersby. Book an appointment to view this property and see the many reasons why this could be your next location. This unit comes with improvements of washroom, lights, security, fire alarm, flooring etc. and 1 exclusive parking space included. Buyer can purchase 2 additional parking spaces from owner at an additional cost.

Extras

Include THE RIZ TEAM Schedule B with all offers. (see supplements) Deposit to be a minimum of $50,000 as an EFT (Wire Transfer) or certified cheque. Please allow 24 hrs irrevocable

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Waterloo

  • Availability Date: Immediate

  • Assessment Amount: $293,000

  • Assessment Year: 2023

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $8,584

  • Taxes Type: Annual

Land

  • Cross Street: University And Colum

  • Municipality District: Waterloo

  • Parcel Number: 236630011

  • Zoning: NMU-8

Commercial Specific

  • Retail Area: 865

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 865

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Unit

Very Walkable

  • Most errands can be accomplished on foot.
74 /100

Good Transit

  • Some errands can be accomplished by public transportation.
69 /100

Biker's Paradise

  • Daily errands do not require a car.
92 /100
JK-6

Winston Churchill Public School

Elementary: Public
1.07 km
JK-8

Our Lady of Lourdes Catholic Elementary School

Elementary: Catholic
1.99 km
JK-6

Cedarbrae Public School

Elementary: Public
1.72 km
JK-6

Keatsway Public School

Elementary: Public
1.98 km
6-8

MacGregor Public School

Elementary: Public
1.08 km
JK-6

Empire Public School

Elementary: Public
2.37 km
9-12

St David Catholic Secondary School

Secondary: Catholic
1.05 km
Pre-Grade 9-12

Forest Heights Collegiate Institute

Secondary: Public
5.77 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
3.19 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
2.92 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
0.60 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
4.03 km
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