347 ERB STREET W, Waterloo, Ontario, N2L 1W4

MLS® # X12500618

Commercial For Sale In Beechwood, Waterloo, Ontario

$563,900

None Beds

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347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

347 Erb Street W, Waterloo, ON

Advertising

347 ERB STREET W, Waterloo, Ontario, N2L 1W4

$563,900

Property Information:

Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in a convenient plaza within minutes of the University of Waterloo. Large 3020 sq ft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn). Lotto Comn $2400/Month, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I.All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat 7.30-9.30, Sun 8-8.Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024) (id:27)

Building Features:

Style: Business
Air Conditioning: Yes
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned

Property Features:

Property Type: Business
Irregular: Yes
Lot Depth: 195.3 Feet
Lot Frontage: 250.8 Feet
Lot Size: 250.9 x 195.41 FT
Zoning: Commercial

Rating:

Notes:

Vern Balachandran, Broker - TORONTO, ON

Vern Balachandran

Broker Royal LePage Ignite Realty , Brokerage*

Direct 416.282.3333

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Sujhan Balachandran, Sales Representative - TORONTO, ON

Sujhan Balachandran

Sales Representative Royal LePage Ignite Realty , Brokerage*

Office:416.282.3333

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Market Price Trends

Location of 347 ERB STREET W, Waterloo, Ontario, N2L 1W4

Lifestyle
Neighbourhood

Demographic Information of 347 ERB STREET W, Waterloo, Ontario, N2L 1W4

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$106,565.08

Average Number of Children

1.99

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.79 %

High school certificate or equivalent

25.17 %

Apprenticeship trade certificate/diploma

5.33 %

College/non-university certificate

18.8 %

University certificate (below bachelor)

1.85 %

University Degree

32.05 %

Commuter

Travel To Work

By Car

84.35 %

By Public Transit

8.49 %

By Walking

3.9 %

By Bicycle

0.19 %

By Other Methods

3.07 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.91 %

Houses

61.09 %

Own Vs. Rent

347 ERB STREET W, Waterloo, Ontario, N2L 1W4 $563,900 MLS® # X12500618