585 WEBER STREET N, Waterloo, ON N2V1V8
585 WEBER STREET N, Waterloo, ON N2V1V8
585 WEBER STREET N, Waterloo, ON N2V1V8
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$449,000
Est. payment /mo
1 Bath
2,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000

Square Footage 2,000 sqft

Price per Sqft $224

MLS® Listing ID X13613914

Property Description

Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $80,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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585 WEBER STREET N

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