REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 229,000
Est. payment /mo
Active
646 Erb ST W #108 Waterloo, ON N2T 0A8
1,227 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,227 sqft
Price per Sqft $186
MLS Listing ID X12076885
Annual Tax Amount $11,854
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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!
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY