$ 199.000

646 Erbs Street W Unit 102, Waterloo

  • Type: Commercial
  • Added: 62 days ago
  • Updated: 48 days ago
  • Last Checked: 6 hours ago
lame Indian Cuisine and Meat shop continues to be a successful take out business in Waterloo for last 15 years and has built a loyal customer base. The business gets tremendous exposure being located in a busy retail plaza close to the Boardwalk, Costco and other retail/commercial outlets. The business attracts new repeat customers being surrounded by residential neighborhoods, old and developing. Pl note: 1. currently operating 6 days/week only; 2. the business permit allows for 14 seat indoor dining as well. A great opportunity, thus exists for further growth and generating greater revenue. Current lease is till Apr 30 2027 with 2 X 5 year options. Next 5 year term rent already negotiated. Total space is 1237 square feet. Monthly rent is $6,460.23 including net rent, TMI and HST. Water is included in the rent. The sale includes all the fixtures, equipment including the new 20 ft hood as well as ample sized walk-in cooler with roof top compressor system. Wheel chair accessible bathroom. (id:1945)

Interior Features

  • Basement: None

Location & Community

  • Directions: Erb St W and right turn into the plaza at the roundabout at Erb St and Ira Needles
  • Street Dir Suffix: West

Tax & Legal Information

  • Zoning Description: C3-40
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Nearby Places

Name
Type
Address
Distance
Conrad Grebel University College
Church
140 Westmount Rd
3.0 km
St. Paul's University College
University
190 Westmount Rd N
3.0 km
Renison College
University
240 Westmount Rd N
3.1 km
St Jerome's University
University
Waterloo
3.2 km
Sir John A. MacDonald Secondary School
School
650 Laurelwood Dr
3.3 km
University of Waterloo
University
200 University Ave W
3.5 km
Waterloo Memorial Recreation Complex
Stadium
101 Father David Bauer Dr
3.7 km
Institute for Quantum Computing
University
475 Wes Graham Way
3.8 km
Perimeter Institute for Theoretical Physics
School
31 Caroline St N
4.0 km
The Canadian Clay and Glass Gallery
Store
25 Caroline St N
4.1 km
Westheights Public School
School
Kitchener
4.2 km
The Bauer Kitchen
Restaurant
187 King St S #102
4.4 km

Demographic Information

Neighbourhood Education
Master's degree 30
Bachelor's degree 90
University / Below bachelor level 15
Certificate of Qualification 10
College 90
University degree at bachelor level or above 130
Neighbourhood Marital Status Stat
Married 265
Widowed 60
Divorced 40
Separated 40
Never married 205
Living common law 35
Married or living common law 300
Not married and not living common law 340
Neighbourhood Construction Date
1961 to 1980 30
1981 to 1990 75
1991 to 2000 145
2001 to 2005 10
More Details?
SUNIL CHADHA
  • SUNIL CHADHA
  • Leedway Realty Inc., Brokerage
  • 519-500-8858

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