585 Weber Street N Waterloo, Ontario N2V 1V8
$449,000
Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $96,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential. (id:62104)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X13613914 |
| Property Type | Retail |
Building
| Bathroom Total | 1 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Forced Air |
| Size Interior | 2,000 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 50 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | Unit=40 X 50 Ft |
| Size Total Text | Unit=40 X 50 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/30088247/585-weber-street-n-waterloo
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July 28 2026 07:39:08
Toronto Regional Real Estate Board
Livio Real Estate