347 Erb Street, Waterloo, ON, N2L 1W4

MLS® # 40784935

Commercial For Sale In Beechwood, Waterloo, Ontario

$563,900

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347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

347 Erb Street, Waterloo, ON

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347 Erb Street, Waterloo, ON, 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 convenient plaza within minutes of University of Waterloo. Large 3020 Sqft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16% Avg Mrgn).Lotto Comn $2400/Mth, Other Income $1450/Mth, New Long Lease5+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)

Building Features:

Floor Space: 3020 Square Feet

Property Features:

Acres Range: < 0.5
Basement: None
Floor Space (approx): 3020 Square Feet
Lot Features: Other
Lot Frontage: 250.00 Feet
Water Source: Municipal
Zoning: C3 - 20
Sewer: Sewer (Municipal)

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Rating:

Notes:

Vern Balachandran, Broker - TORONTO, ON

Vern Balachandran

Broker Royal LePage Ignite Realty , Brokerage*

Direct 416.282.3333

View All of Vern's Listings

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Market Price Trends

Single family detached

-3.38%

Price change (1 year)

27.25%

Price change (5 years)

All Properties

-3.74%

Price change (1 year)

27.17%

Price change (5 years)

Location of 347 Erb Street, Waterloo, ON, N2L 1W4

Lifestyle
Neighbourhood

Demographic Information of 347 Erb Street, Waterloo, ON, 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, Waterloo, ON, N2L 1W4 $563,900 MLS® # 40784935