1 - 158 University Avenue
Waterloo, ON
- 1,200 sqft
- Sale Of Business
- 305 days on market
Thriving Opportunity in Waterloo! Located in a highly popular student plaza on University Ave, this is the only Tikka Grill in Waterloo - and one of the top-perform in locations in the chain. Enjoy reasonable rent, strong neighboring businesses, and a prime location with steady foot traffic. All menu items are prepared fresh on-site, ensuring excellent quality and manageable food costs. Despite absentee ownership, the store has continued to perform exceptionally well. A hands-on owner could further increase sales and streamline operations. The business comes with an experienced, well-trained staff already in place. Continue running the successful Tikka Grill brand or rebrand with your own concept - the choice is yours!
Listing Details
- Listed
- November 1, 2025
Price History
Property
- Age
- 0-5
Parking
- Garage
- None
Location & Legal
- Cross Street
- University Ave and Philip St
- Zoning
- C4
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
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
- 1,043
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,043 recorded sales of commercial properties in Waterloo over the last 12 months.
Listed by
HOMELIFE/MIRACLE REALTY LTD
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 1,200 sq ft
- Price per sq ft
- $332.50
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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