5 - 330 PHILLIP Street
Waterloo, Ontario
Business
Excellent opportunity to take over the existing lease and valuable equipment with strong potential for future revenue growth in a proven, high-demand location. Unbeatable location for ANY food retail business in a prime, high-traffic area beside the University of Waterloo and near Wilfrid Laurier University, surrounded by multiple student residences with heavy daily pedestrian traffic. The current business in this exceptional location has been successfully owner-operated for six years. Low rent of $3,250/month including TMI, independent water and power systems, and 30 free customer parking spaces at the rear.
Price History
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Business in Waterloo · last 12 months
- Median sold price
- $691,000
- Homes sold
- 1,040
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,040 recorded sales of business properties in Waterloo over the last 12 months.
Location
Street View
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