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$ 149,000
Est. payment /mo
Active Under Contract
255 King ST N Waterloo, ON N2J 4V2
2 Baths
1,087 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,087 sqft
Price per Sqft $137
MLS Listing ID X13206030
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area.
Location
Province ON
County Waterloo
Area Waterloo
Zoning Commercial
Interior
Cooling Yes
Inclusions Leasehold Improvements and Chattles and all equipment
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Unit
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