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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Waterloo Beechwood
347 ERB STREET W
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347 ERB STREET W $563,900
$563,900
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347 ERB STREET W
Waterloo, Ontario N2L1W4

MLS® Number: X12500618

Listing Description

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) (41558728)

Location Description

Erb St + Amos Ave

Property Summary

Property Type
Business
Land Size
250.9 x 195.41 FT
Annual Property Taxes
$2,023
Time on REALTOR.ca
43 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Convenience store)

Land

Lot Features
Frontage
250 ft ,10 in
Land Depth
195 ft ,4 in
Other Property Information
Zoning Description
Commercial
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VERN BALACHANDRAN