1227 sqft
Fully Air Conditioned
Forced Air
$229,000
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! (id:55499)
Business
Business Type
|
Restaurant |
Business Sub Type
|
Fast foods |
Property Details
MLS® Number
|
X12076885 |
Property Type
|
Business |
Features
|
Irregular Lot Size |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
1227 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Zoning Description
|
Commerical |
https://www.realtor.ca/real-estate/28154707/108-646-erb-street-w-waterloo