Off Market

102 646 Erb Street W, Waterloo

  • Bathrooms: 1
  • Living area: 1237 square feet
  • Type: Commercial
Source: Public Records
Note: This property is not currently for sale or for rent on Ovlix.

We have found 6 Commercial that closely match the specifications of the property located at 102 646 Erb Street W with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 120,000 and 275,000.

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

Property Details

  • Cooling: Fully air conditioned
  • Heating: Forced air, Natural gas
  • Building Area Total: 1237

Interior Features

  • Living Area: 1237

Exterior & Lot Features

  • Water Source: Municipal water

Location & Community

  • Directions: Erb St W and Erbsville Rd
  • Street Dir Suffix: West

Business & Leasing Information

  • Business Type: Restaurant

Tax & Legal Information

  • Tax Year: 2024
  • Zoning Description: C3-40
Flame 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; 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.

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

Similar Commercial listings For Sale

Comparison of 102 646 Erb Street W, Waterloo, ON with Nearby Commercial listings
Nearby Cities Listings Avg. price
Kitchener 876 $885.799
Guelph 413 $961.083
Fergus 65 $929.409
Cambridge 477 $893.716
Brant 59 $1.365.726
Woodstock 250 $753.085
Popular Cities Listings Avg. price
Burlington 730 $1.373.355
Oakville 783 $1.906.661
Mississauga 949 $1.245.451
Brampton 730 $1.310.669
Brantford 578 $927.869
London 1390 $916.243