1 - 347 Erb Street
Waterloo, ON
- Sale Of Business
- 117 days on market
Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in convenient plaza within minutes of University of Waterloo. Large 3020 Sqft lease area. Average Monthly Revenue Approx $80,000. Lotto Comn $2400/Mth, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I. All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat7.30-9.30, Sun 8-8. Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024).
Listing Details
- Listed
- May 19, 2026
Price History
Property
- Lot Size
- 250.9 x 195.41 Feet
Parking
- Garage
- Plaza
Location & Legal
- Cross Street
- Erb St + Amos Ave
- Zoning
- Commercial
- Parcel Number
- 224000091
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Convenience/Variety
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
- 1,026
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,026 recorded sales of commercial properties in Waterloo over the last 12 months.
Listed by
ROYAL LEPAGE IGNITE REALTY
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