$149,000
( $137.07Per Sq Foot )
 $800 est/mo Sourced by Back At You

255 King Street N,Waterloo, ON N2J 4V2

Waterloo, ON N2J 4V2

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Description

Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area.

Details

MLS #X13206030
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site97
Listing Provided ByHOMELIFE/MIRACLE REALTY LTD | X13206030 406006

Features

Bath(s)2
SQ Feet1,087
Acreage0.02

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesYes

Taxes

Tax Annual Amount0
Tax TypeTMI
Tax Year2025

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2J 4V2
Listing VS Median (in N2J 4V2)
Price:
$149,000
low | high
Med:
$149,000
50% of Average
sqft:
1,087
low | high
Med:
1,087
50% of Average
$ / sqft:
$137
low | high
Med:
$137
50% of Average
On site:
97
low | high
Med:
97
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2J 4V2
Listing VS Median (in N2J 4V2)
Price:
$149,000
low | high
Med:
$149,000
50% of Average
sqft:
1,087
low | high
Med:
1,087
50% of Average
$ / sqft:
$137
low | high
Med:
$137
50% of Average
On site:
97
low | high
Med:
97
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $111K - $186K
sqft: 815 - 1,000
Nearby Listings Property ImageNearby Listings Details
266 Hazel Street Property Photo 1
$1,296,000
266 Hazel Street
Waterloo, ON N2L 3N9
Listing Updated: August 18, 2026 at 1:00:31 PM PDT