B102 - 62 Balsam Street Waterloo, Ontario N2L 3H2

$199,000

Looking for a busy location next to the University of Waterloo, Wilfred Laurier University ANDConestoga College? One that is renovated AND has almost new equipment? This nearly 1300sqft beauty hasit all! Its surrounded by high density buildings resulting in high pedestrian traffic (which creates almost 2/3 of its profit from take-out business) along with ample street parking for easy customerdrop-ins. Located on Balsam Street; it is part of a vibrant, growing neighbourhood with a mix of residences, restaurants, and retail shops. This creates a community-friendly vibe that aligns with Mighteas cozyand welcoming atmosphere, encouraging repeat visits and word-of-mouth promotion. The shop has no leased appliances, resulting in LOW MONTHLY FIXED COSTS. With a combined studentpopulation of more than 75 000 between the three campuses, this location offers an immense customer base along with great profit potential! (id:42776)

Business

Business Type	Restaurant
Business Sub Type	Fast foods

Property Details

MLS® Number	X11921983
Property Type	Business
Amenities Near By	Public Transit

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Zoning Description	(h)rn-6

https://www.realtor.ca/real-estate/27798876/b102-62-balsam-street-waterloo