105-318 Spruce Street, Waterloo | Image 1

105-318 Spruce Street

Waterloo

  • Commercial

$799,000
For Sale

Added 3 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 10196.12

  • MLS®#: X9513395

  • Added: Oct 28, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: HARVEY KALLES REAL ESTATE LTD.

This is your opportunity to own a prime commercial condo in Waterloo with an incredible tenant, Hyderabad Cafe, on a new 10-year triple-net lease, ensuring hassle-free, passive income! Located on one of the most densely populated blocks, the unit sits on the ground floor of Sage 2 Condo's a premium student residence and is surrounded by thousands of potential customers/students, just steps from Wilfrid Laurier University and the University of Waterloo. This investment offers constant foot traffic and high visibility, making it ideal for stable returns. With Hyderabad Cafe as an established tenant, you gain immediate, long-term income in a high-demand area with minimal management requirements. Perfect for investors looking to add a worry-free asset to their portfolio in one of Waterloo's most dynamic neighbourhoods.

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Commercial Condo

  • Area: Waterloo

  • Availability Date: tba

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Visitor

Fees

  • Tax Year: 2024

  • Taxes: $10,196

  • Commercial Condo Fees: 1193

  • Taxes Type: Annual

Land

  • Cross Street: University Ave & Kin

  • Municipality District: Waterloo

  • Sewer: San+Storm

  • Zoning: Commercial

Commercial Specific

  • Retail Area: 1950

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 1950

  • Total Area Metric: Sq Ft

Map of 105-318 Spruce Street, Waterloo
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