318 Spruce ST #102, Waterloo, ON N2L0E9
318 Spruce ST #102, Waterloo, ON N2L0E9
318 Spruce ST #102, Waterloo, ON N2L0E9
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$899,000
Est. payment /mo
1,824 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1824

Square Footage 1,824 sqft

Price per Sqft $492

MLS® Listing ID X13574980

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No


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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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318 Spruce ST #102