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102 - 318 Spruce Street

102 - 318 Spruce Street

Waterloo, ON

  • 1,824 sqft
  • Commercial Retail
  • 370 days on market
$950,000

Attention To All Investors And Users! Located On The Ground Floor Of Sage 2 Condos In The Heart Of Waterloo. Extremely Close Proximity To University Of Waterloo And Wilfrid Laurier University. In Area With Shortage Of Retail To Capture The Heavy Residential Traffic. 15 Feet Clear High Ceilings Without Poles & Direct Street Exposure. 1824 Square Feet Space With Kitchen, Washroom, And One Underground Parking Space And Storage. This Prime Retail Space Would Suit Many Uses Both Retail And Professional! **EXTRAS** The Owner Is Currently Running Convenience And Vape Store. Liquor License is Available. The Buyer Can Either Take Over The Business ($20-$30k Inventory) Or Take Vacant Possession

Listing Details

Taxes (2024)
$18,776
Listed
September 5, 2025

Price History

Listing history

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Parking

Garage
Underground

Location & Legal

Cross Street
King St N/University Ave E
Zoning
Commercial
Possession
Flexible
Occupancy
Owner

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

Commercial in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,032
Median days on market
21
Sale-to-list price
99.8%

Based on 1,032 recorded sales of commercial properties in Waterloo over the last 12 months.

Listed by

AIMHOME REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
1,824 sq ft
Price per sq ft
$520.83
Annual property tax
$18,776
Tax per sq ft
$10.29

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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