62 BALSAM ST #B102 new

Waterloo,ON N2L 3H2

$ 199000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11921983

Tax Year 2024

Property Description

Looking for a busy location next to the University of Waterloo, Wilfred Laurier University ANDConestoga College? One that is renovated AND has almost new equipment? This nearly 1300sqft beauty hasit all! Its surrounded by high density buildings resulting in high pedestrian traffic (which creates almost 2/3 of its profit from take-out business) along with ample street parking for easy customerdrop-ins. Located on Balsam Street; it is part of a vibrant, growing neighbourhood with a mix of residences, restaurants, and retail shops. This creates a community-friendly vibe that aligns with Mighteas cozyand welcoming atmosphere, encouraging repeat visits and word-of-mouth promotion. The shop has no leased appliances, resulting in LOW MONTHLY FIXED COSTS. With a combined studentpopulation of more than 75 000 between the three campuses, this location offers an immense customer base along with great profit potential!

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Kitchen 0

Interior

Cooling Yes

Exterior

Community Features Public Transit

Building

New Construction false

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