585 Weber Street N, Waterloo, ON N2V 1V8
Waterloo, ON N2V 1V8
About this property
Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $80,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential.
Property facts & features
- Property type
- Commercial Retail
- MLS® number
- X13613914
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 1
- Reported interior area
- 2000
- Neighbourhood
- Not provided
- Postal code
- N2V 1V8
- Garage
- Plaza
- Lot depth (source units)
- 50
- Annual property tax
- 0
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $449,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Waterloo →Listing brokerage: LIVIO REAL ESTATE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13613914. Information deemed reliable but not guaranteed.