1 Bathroom
810 sqft
Fully Air Conditioned
Forced Air
$569,900
Exceptional commercial investment opportunity in Waterloo's thriving university district. This 810 sq. ft. corner unit is ideally located within walking distance of the University of Waterloo and Wilfrid Laurier University, offering excellent visibility and consistent foot traffic. Currently leased to BerryBir & Beans Restaurant at $3,000/month (Rent increases by 3% each year) plus Condo fee / maintenance's fee until September 30, 2028 with another 3 years renewal option, providing stable income and strong cash flow. Previously operated as a successful restaurant, this turnkey investment includes one parking space(#51) and offers outstanding long-term growth potential. (id:56248)
Property Details
|
MLS® Number
|
X13473114 |
|
Property Type
|
Retail |
|
Amenities Near By
|
Public Transit, Recreation |
|
Farm Type
|
Other |
|
Parking Space Total
|
1 |
Building
|
Bathroom Total
|
1 |
|
Age
|
6 To 15 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
810 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Recreation |
|
Sewer
|
Storm Sewer |
|
Zoning Description
|
Gr |
https://www.realtor.ca/real-estate/29935388/111-280-lester-street-waterloo