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    For Sale - 280 Lester Street Unit# 111, Waterloo, Ontario

    Est payment $2,737/mo
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    Views   5
    Time on Jump  58 day

    AI Summary *

    • Prime corner unit in Waterloo's busy university district.
    • Short walk to the University of Waterloo and Wilfrid Laurier University.
    • Currently leased restaurant with stable monthly income and growth potential.
    • Three-year lease renewal option provides long-term security.
    • Includes one parking space for convenience.




    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 + hst/month (rent increases by 3% each year) plus $627. 14 of monthly condo fee 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.
    Listing IDX13473114
    Address280 Lester Street Unit# 111
    CityWaterloo, Ontario
    Price$569,900
    Bath1 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Public Transit, Recreation/Community CentreHeating / Cooling Gas Forced Air ClosedSewer Storm

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    Listing Agency:  HomeLife Power Realty Inc

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    280 Lester Street Unit# 111
    Waterloo , Ontario
    1 $569,900
    Get more info