40841759

Price:
$569,900  For Sale
MLS® No:
40841759
Address:
280 LESTER Street Unit# 111, Waterloo, Ontario, Canada, N2L0G2
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Features

Approximate Square Footage:
810 sqft
Maintenance Fee:
Monthly627.14
Exterior Finish:
Brick, Metal
#Parkings:
1
Fire Place:
N

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. (id:5856)
Listing Contracted With: Homelife Power Realty Inc. (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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LISA CHOUBrokerToll Free: 1888-932-3548Tel: 519-820-1482