04-584 Weber Street North, Waterloo | Image 1

04-584 Weber Street North

Waterloo

  • Commercial

$199,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X10432094

  • Days on Site: 1 Days

  • Added: Nov 19, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Modern Freshii franchise location in great location in north Waterloo. This is a premium location in are tail hub that is surrounded by tons of industrial, office, and retail mix. Located directly off of Highway 85 and just north of the universities. Great signage in a plaza with AAA tenants and parking for75 with a major bus line on Northfield. Bright unit in great condition and solid sales. Potentially available with one other franchise location in the immediate area. Please do not go direct or speak to staff.

Extras

Gross lease rate of $5,752 including TMI with 2 + 5 + 5 years remaining on the long lease. Seating for24 + 6 on the patio. Royalties of 6% + 1.5%. Net income for hands-on ownership on top of salary.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Waterloo

  • Availability Date: TBD

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Volts: 200

  • Amps: 600

Parking

  • Garage Type: Plaza

  • Covered Parking Spaces: 75

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 9 & 10 GERMAN COMPANY TRACT SUBJECT TO AN E

  • Taxes Type: T.M.I.

Land

  • Cross Street: Northfield Dr & Webe

  • Municipality District: Waterloo

  • Sewer: San+Storm

  • Lot Depth: 1660.6 Feet

  • Lot Frontage: 748.31 Feet

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 5

  • Rail: N

  • Retail Area: 1400

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 1400

  • Total Area Metric: Sq Ft

  • Hours Open: 11-8

  • Days Open: 6

  • Franchise: Y

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Seats: 30

  • Soil Test: N

  • Business/Building Name: Freshii-Waterloo

  • Financial Statement: N

  • LLBO: N

JK-3

KidsAbility School

Elementary: Hospital
2.54 km
JK-6

Winston Churchill Public School

Elementary: Public
1.80 km
JK-6

Cedarbrae Public School

Elementary: Public
1.09 km
JK-8

Sir Edgar Bauer Catholic Elementary School

Elementary: Catholic
0.70 km
JK-6

N A MacEachern Public School

Elementary: Public
1.26 km
JK-8

Northlake Woods Public School

Elementary: Public
1.26 km
9-12

St David Catholic Secondary School

Secondary: Catholic
2.25 km
Pre-Grade 9-12

Kitchener Waterloo Collegiate and Vocational School

Secondary: Public
5.70 km
Pre-Grade 9-12

Bluevale Collegiate Institute

Secondary: Public
4.71 km
Pre-Grade 9-12

Waterloo Collegiate Institute

Secondary: Public
2.56 km
9-12

Resurrection Catholic Secondary School

Secondary: Catholic
6.28 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
4.58 km
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