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

MLS® Number: 40784935

Listing Description

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 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) (69843230)

Location Description

Erb St + Amos Ave

Property Summary

Property Type
Retail
Storeys
1
Subdivision Name
415 - Uptown Waterloo/Westmount
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$2,023
Time on REALTOR.ca
43 days

Building

Interior Features
Basement Type
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water

Measurements

Square Footage
3020 sqft
Exterior Building Size
3020 sqft

Land

Lot Features
Frontage
250 ft
Other Property Information
Zoning Description
C3 - 20
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Vern Balachandran