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$ 188,000
Est. payment /mo
Price Dropped by $11K
62 BALSAM ST #B102 Waterloo, ON N2L 3H2
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11921983
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Looking for a busy location next to the University of Waterloo, Wilfred Laurier University AND Conestoga College? One that is renovated AND has almost new equipment? This nearly 1300sqft beauty has it all! Its surrounded by high density buildings resulting in high pedestrian traffic (which creates almost 2/3 of its profit from take-out business) along with ample street parking for easy customer drop-ins. Located on Balsam Street; it is part of a vibrant, growing neighbourhood with a mix of residences, restaurants, and retail shops. This creates a community-friendly vibe that aligns with Mightea's cozy and welcoming atmosphere, encouraging repeat visits and word-of-mouth promotion. The shop has no leased appliances, resulting in LOW MONTHLY FIXED COSTS. With a combined student population of more than 75 000 between the three campuses, this location offers an immense customer base along with great profit potential!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Kitchen 0
Interior
Cooling Yes
Exterior
Community Features Public Transit
Building
New Construction false
Listed by Keller Williams Home Group Realty