3 - 580 Colby Drive
Waterloo, ON
- 3 bath
- 6,600 sqft
- Sale Of Business
- 102 days on market
One of Ontario's premier restaurant supply and equipment companies is now available for purchase. SoCold Restaurant Supply has built an outstanding reputation over 28 years of operation with an excellent history of sales, profitability, and long-standing industry relationships. This is a rare opportunity to acquire a highly established business with strong goodwill, a recognizable name, and a massive existing client base servicing restaurants,hospitality groups, and commercial kitchen operators throughout the province. Operating from a great 6,600 Sq Ft industrial warehouse facility with dedicated office and retail showroom space, the business is fully equipped for continued growth and expansion. The property includes 3 drive-in shipping bays ideal for receiving, logistics, warehousing, and distribution operations. Approximately $400,000 in inventory is included in the purchase price, offering substantial value and immediate operational capability for new ownership from day one. Very attractive lease rate with lots of term. The business includes extensive intellectual property,established systems, supplier relationships, and a long-standing customer database developed over nearly three decades in operation. Available with training for a smooth transition into ownership. Please do not go direct or speak to staff or ownership.
Listing Details
- Listed
- May 28, 2026
Price History
Property
- Lot Size
- 199.06 x 201.1 Feet
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Colby Dr and Northfield Dr W
- Zoning
- Business Commercial
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Community
Postal area N2V
- Population
- 19,428
- Private dwellings
- 6,360
- Median age
- 38
- Average household size
- 3.1
- Median household income
- $126,000
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
- 1,034
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,034 recorded sales of commercial properties in Waterloo over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 6,600 sq ft
- Price per sq ft
- $105.91
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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