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$169,900
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X13550040
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Excellent opportunity to acquire a fully renovated, turn-key restaurant with over $80,000 invested in recent renovations. This is not a franchise, offering complete flexibility to establish your own brand or concept. Suitable for a variety of food uses including pizza, shawarma, burgers, fried chicken, Indian cuisine, fast food, takeout, café, or a cloud kitchen (subject to landlord approval and applicable regulations).The premises feature a fully equipped commercial kitchen with a commercial exhaust hood, prep area, storage space, and approx 40 seating. Ideal for owner-operators, franchisees, or investors seeking a ready-to-operate food business with minimal start-up costs.Current base rent is only $2,962/month until March 2028, plus TMI of $1,145/month (plus applicable HST). The landlord is willing to offer a new 5-year lease with an additional 5-year renewal option, subject to the landlord's approval of the new tenant. A true plug-and-play opportunity to start operating immediately.
Location
Province ON
County Waterloo
Area Waterloo
Zoning Retail
Interior
Cooling Yes
Inclusions All Equipment and furniture.
Exterior
Parking Features None
Building
Lot Description Unit
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Lited by CENTURY 21 PROPERTY ZONE REALTY INC.
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