347 Erb Street West, Waterloo | Image 1

347 Erb Street West

Waterloo

  • Commercial

$444,988
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 2023

  • MLS®#: X8253754

  • Added: Apr 19, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE IGNITE REALTY

Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in convenient plaza within minutes of University of Waterloo. Large3020 Sqft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn).Lotto Comn $2400/Mth,Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I.All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat7.30-9.30,Sun 8-8.

Extras

All business details are provided by seller. The listing broker has not verified accuracy. Buyers can conduct due diligence after conditional offer is accepted.

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Waterloo

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • UFFI: No

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 10-11 PL 496 CITY OF WATERLOO PTS 22 & 23, 5

  • Taxes: $2,023

  • Taxes Type: Annual

Land

  • Cross Street: Erb St + Amos Ave

  • Municipality District: Waterloo

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 3020

  • Retail Area Metric: Sq Ft

  • Total Area: 3020

  • Total Area Metric: Sq Ft

  • Hours Open: 7:30-10

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 1

  • Financial Statement: Y

  • LLBO: N

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