585 Weber Street

585 Weber Street, Waterloo, ON N2V 1V8
9 Days Back Posted
Sell

$449,000

Overview

Type:

Commercial Retail

Area:

sq ft (Living Area)

Beds:

0 Bedrooms

Baths:

1 Bathrooms

Furnished:

No

Parking:

Plaza

Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $96,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential.

Property Units

Land

1 Unit
  • $449,000 1 Bath N/A sq ft (Living Area) Jul 28th 2026

Property Details

  • Property Type: Commercial
  • Property Sub Type: Commercial Retail
  • Lease Terms: N/A
  • Parking Spots: 0
  • Short Term: No
  • Furnished: No
  • Year Built: N/A
  • # of Floors: N/A
  • # of units: 1
  • MLS: X13613914

Features

Industrial Zoning
Fenced Lot

Nearby Amenities

  • Schools
  • Bus Stations
  • Restaurants
  • Pharmacies
  • Gyms
  • Supermarkets
  • Hospitals
  • Parks
  • Cafes
  • Convenience Stores
  • Gas Stations
  • Laundromats
  • Bars
  • Banks

May lee

Sales Representative At Right At Home Realty

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