1 - 203 LESTER Street
Waterloo, Ontario
Business
Fantastic opportunity to own a well-established restaurant located between Wilfrid Laurier University and the University of Waterloo! This prime location benefits from extremely heavy foot traffic, with thousands of students passing by the storefront daily.The kitchen area offers approximately 633 square feet, while the entire floor is dedicated to a spacious public dining area, professionally cleaned and maintained by the property management company. The restaurant is equipped with two large commercial exhaust systems, one at the front and one at the rear, allowing for greater flexibility and diversified food concepts.The checkout/front counter features an extra-large marble countertop, and is fully equipped with a cold table and hot food heating station, making it ideal for high-volume service.Don’t miss this excellent opportunity to own arestaurant in one of the most vibrant student hubs—book your showing today!
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
- $695,000
- Homes sold
- 1,037
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,037 recorded sales of business properties in Waterloo over the last 12 months.
Location
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