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$429,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
84%
Take control of your future with this highly lucrative, well-established and well known food business in the heart of Waterloo. Situated in a premium, high-traffic location immediately serving both the University of Waterloo and Wilfrid Laurier University and SURROUNDED by residential buildings, this turnkey business over 2200 sq.ft. of great dining space/area offers an exceptional footprint in a thriving student hub and amazing customer base. With thousands of students just steps away, the potential for immediate and future revenue growth is massive. LANDLORD PERMITS THE USE OF GROCERY STORE AS WELL IF POTENTIAL BUYER NEEDS TO ADD TO THE EXISTING RESTURAUNT (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$27K
Annual cash flow
$4K
Cash-on-cash
2.78%
DSCR
1.15
Going-in cap
6.37%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
118,701
Households
51,028
Median income
$107,500
Median age
31.2
Daytime population
118,247
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 130 COLUMBIA ST W Unit# 912 & 911, Waterloo.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.