646 Erb Street West, Waterloo | Image 1

646 Erb Street West

Waterloo

  • Commercial

$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: C3-40

  • Age: No Data

  • Taxes: 123900

  • MLS®#: X9042438

  • Days on Site: 2 Days

  • Added: Jul 15, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: COUPAL MARKOU COMMERCIAL REAL ESTATE INC.

Investment opportunity to acquire 646 Erb Street West, a 1.05 acre retail asset located in West Waterloo. The offering compromises a single building featuring a 12,721 sq ft retail accommodation divided in 9 independent units. Being located at the intersection of Erb Street West and Erbsville Road, the Property benefits from neighborhood foot traffic as well spill over from grocery anchored plazas across the street. The Property is fully leased which provides sustainable recurring income. Notable developments are planned/under construction in the immediate neighborhood of the Property which will increase foot fall in the future.

Extras

**INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Waterloo

  • Availability Date: Posession neg

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 41 GERMAN COMPANY TRACT CITY OF WATERLOO PT 3, 58R6478 EXC

  • Taxes: $123,900

  • Taxes Type: Annual

Land

  • Cross Street: Erb St W and Ira Nee

  • Municipality District: Waterloo

  • Sewer: San+Storm

  • Lot Depth: 185.09 Feet

  • Lot Frontage: 218.08 Feet

  • Zoning: C3-40

Commercial Specific

  • Rail: N

  • Retail Area: 12721

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 12721

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Financial Statement: Y

Map of 646 Erb Street West, Waterloo
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