Property
Type, style and structure
- Type
- commercial
- Style
- sale of business / Mixed Use
+33 more
Property Snapshot
Key details for this listing
MLS #X13214406
Lot
Land, frontage and setting
- Zoning
- SC
Costs
Price, taxes and monthly charges
- List Price
- $375,000
- Days on Market
- 150
About This Property
This sale of business in Waterloo is available for your consideration. The property has zoned SC. The home features yes.
MLS Remarks
Successfully operating since 2019, this is a rare chance to acquire a proven, high-performing restaurant in a prime King Street North location in Waterloo.This turnkey, well-established business offers outstanding exposure along one of the city's busiest corridors, surrounded by dense residential, student, and commercial activity, including offices such as Manulife. Strong street presence and pylon signage provide consistent visibility and traffic. The location is just minutes from major institutions like University of Waterloo, Wilfrid Laurier University, and Conestoga College. Nearby anchors such as Farm Boy, Tim Hortons, and other big-box retailers, plus close proximity to Wholesale Club, make daily operations and supply runs convenient.The space is approximately 1,200 sq ft with around 40 indoor seats, a modern open-ceiling design, and recent upgrades including new flooring, fresh paint, and bright LED lighting.The commercial kitchen is built for volume, featuring a 15-ft hood with rough-in for an additional 15 ft (up to 30 ft total potential), walk-in cooler, convection oven, gas burners, griller, and more - suitable for high-output or multi-cuisine concepts.Revenue comes from multiple streams including dine-in, catering, tiffin services, and online delivery, backed by an impressive ~4.5 Google rating.Average sales are approximately $52,000 per month. Rent is $6,300 per month, inclusive of TMI, HST, water, and pylon signage.A true turnkey and profitable operation in a high-demand location, ready for the next owner to step in and scale further. All showings by appointment only. (id:60351)
Full Listing Details
Address402 King Street N, Waterloo, ON N2J 2Z3
MLS#X13214406
Listing StatusActive
Property TypeCommercial
Sub-TypeSale of business
TransactionSale
List DateMay 29, 2026
Days on Market150
StyleMixed Use
CityWaterloo
ProvinceOn
Postal CodeN2J 2Z3
ZoningSC
Zoning DetailsSC
CoolingYes
Business TypeRestaurant
LOCATED ON KING STREET NORTH JUST SOUTH OF WEBER STREET NORTH, WATERLOO
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