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$229,000
Available - For Sale
Listing ID: X12076885
Prime Investment Opportunity in Waterloo TMs West End!Presenting Unit 108 at 646 Erb Street West, a high-visibility, street-level commercial condo, currently tenanted by Freshii. Situated in the bustling West Quarter Plaza, this unit provides excellent exposure, consistent foot traffic, and abundant parking, making it an attractive location for any investor.This professionally managed complex is surrounded by thriving businesses and established residential communities such as Beechwood West, ensuring long-term value. The property offers an ideal opportunity for steady cash flow, with the potential for growth and rebranding should you wish to take over the existing Freshii franchise or transition to a new concept.Key Features:Location: 646 Erb Street West, WaterlooTenant: Freshii (with an option to take over or rebrand)Lease Expiry: May 2026, with a 5-year renewal optionRent: $6,043 per month (including HST)Parking: Ample parking for customersFoot Traffic: High exposure and steady customer flow from surrounding businesses and residential areas Access: Easy access to public transit and major routesThis is a turnkey investment opportunity for those seeking stable cash flow and long-term growth in a prime location. Sales Information available upon request.Don't miss out on this exceptional investment opportunity in the heart of Waterloo's West End!
Price $229,000
Taxes: $11,854.52
Tax Type: Annual
Monthly Condo Fee: $0
Occupancy by: Owner
Address: 646 Erb Stre West , Waterloo, N2T 0A8, Waterloo
Postal Code: N2T 0A8
Province/State: Waterloo
Directions/Cross Streets: ERB ST W AND ERBSVILLE RD
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Without Property
Use: Fast Food/Takeout
Total Area: 1,227
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Hours Open: 7 Days
Employees #: 4
Seats: 12
Maintenance: 0
Sprinklers: Yes
Rail: N
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE MEADOWTOWNE REALTY

646 Erb Stre West , Waterloo, N2T 0A8, Waterloo


 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
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Tax: $11,854.52
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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