Prime Investment Opportunity in Waterloo TMs West End!Presenting Unit 108 at 646 Erb Street West, a high-visibility, street-level commercial condo, currently tenanted by Freshii. Situated in the bustling West Quarter Plaza, this unit provides excellent exposure, consistent foot traffic, and abundant parking, making it an attractive location for any investor.This professionally managed complex is surrounded by thriving businesses and established residential communities such as Beechwood West, ensuring long-term value. The property offers an ideal opportunity for steady cash flow, with the potential for growth and rebranding should you wish to take over the existing Freshii franchise or transition to a new concept.Key Features:Location: 646 Erb Street West, WaterlooTenant: Freshii (with an option to take over or rebrand)Lease Expiry: May 2026, with a 5-year renewal optionRent: $6,043 per month (including HST)Parking: Ample parking for customersFoot Traffic: High exposure and steady customer flow from surrounding businesses and residential areas Access: Easy access to public transit and major routesThis is a turnkey investment opportunity for those seeking stable cash flow and long-term growth in a prime location. Sales Information available upon request.Don't miss out on this exceptional investment opportunity in the heart of Waterloo's West End! (id:4069)
Address
108 - 646 ERB STREET W
List Price
$229,000
Property Type
Business
Area
Ontario
Sub-Area
Waterloo
Floor Area
1,227 Sq. Ft.
MLS® Number
X12076885
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Postal Code
N2T0A8
Zoning
Commerical
Features
Irregular lot size
