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For Sale

585 Weber Street N, Waterloo, ON N2V 1V8

$449,000

  • 1 Bathrooms
  • Commercial Retail
  • MLS® X13613914

Listing Brokerage: LIVIO REAL ESTATE

Description

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 details

MLS® number
X13613914
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
City
Waterloo
Bathrooms
1
Building area
2000 Square Feet
Lot width
40 Feet
Lot depth
50 Feet
Heating
Electric Forced Air
Cooling
Yes
Garage
Plaza
Tax year
2026
Business type
Retail Store Related
Retail area
2135
Listing brokerage
LIVIO REAL ESTATE

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