B102-62 Balsam Street, Waterloo | Image 1

B102-62 Balsam Street

Waterloo

  • Commercial

$199,000
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: (H)RN-6

  • Age: No Data

  • MLS®#: X11921983

  • Days on Site: 4 Days

  • Added: Jan 10, 2025 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: Keller Williams Home Group Realty

Looking for a busy location next to the University of Waterloo, Wilfred Laurier University ANDConestoga College? One that is renovated AND has almost new equipment? This nearly 1300sqft beauty hasit all! Its surrounded by high density buildings resulting in high pedestrian traffic (which creates almost 2/3 of its profit from take-out business) along with ample street parking for easy customerdrop-ins. Located on Balsam Street; it is part of a vibrant, growing neighbourhood with a mix of residences, restaurants, and retail shops. This creates a community-friendly vibe that aligns with Mighteas cozyand welcoming atmosphere, encouraging repeat visits and word-of-mouth promotion. The shop has no leased appliances, resulting in LOW MONTHLY FIXED COSTS. With a combined studentpopulation of more than 75 000 between the three campuses, this location offers an immense customer base along with great profit potential!

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Waterloo

  • Availability Date: flexible

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: UNIT 2, LEVEL 1, WATERLOO STANDARD CONDOMINIUM PLAN NO. 594 AND

  • Taxes Type: N/A

Land

  • Cross Street: University West, off

  • Municipality District: Waterloo

  • Zoning: (H)RN-6

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 1300

  • Retail Area Metric: Sq Ft

  • Total Area Metric: Sq Ft

  • Hours Open: 11

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Unit

  • Seats: 23

  • Financial Statement: Y

  • LLBO: N

Very Walkable

  • Most errands can be accomplished on foot.
82 /100

Good Transit

  • Some errands can be accomplished by public transportation.
68 /100

Very Bikeable

  • Most errands can be accomplished on bike.
78 /100
Map of B102-62 Balsam Street, Waterloo
JK-6

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