318 Spruce ST #102, Waterloo, ON N2L 0E9
318 Spruce ST #102, Waterloo, ON N2L 0E9
318 Spruce ST #102, Waterloo, ON N2L 0E9
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$899,000
Est. payment /mo
1,824 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $492

MLS Listing ID X13574974

Annual Tax Amount $19,000

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Available

Others

Security Features Yes

ParcelsYN No

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Listed by AIMHOME REALTY INC.

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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318 Spruce ST #102

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