280 LESTER Street Unit# 111
Waterloo – Ontario
$569,900
MLS® Number 40841759 | Listing provided by: Homelife Power Realty Inc. | Powered byREALTOR.ca
About this property
Exceptional commercial investment opportunity in Waterloo's thriving university district. This 810 sq. ft. corner unit is ideally located within walking distance of the University of Waterloo and Wilfrid Laurier University, offering excellent visibility and consistent foot traffic. Currently leased to BerryBir & Beans Restaurant at $3,000/month (rent increases by 3% each year) plus condo fee (including TMI) and utilities until September 30, 2028 with another 3 years renewal option, providing stable income and strong cash flow. Previously operated as a successful restaurant, this turnkey investment includes one parking space(#51) and offers outstanding long-term growth potential. (id:66549)
Details
- Size
- 810 sq ft
- Property type
- Other
- Year built
- 2017
- Stories
- 1
- Parking spaces
- 1
- Neighbourhood
- 415 - Uptown Waterloo/Westmount
- Postal code
- N2L0G2
- MLS® Number
- 40841759
- Status
- For Sale
Features
- Parking