646 Erb St Street W, Waterloo
*****Ghost Kitchen Asset Sale & Lease Takeover***** Excellent opportunity to acquire a fully equipped restaurant through an asset sale in a busy commercial plaza in Waterloo. The premises are approximately 1,426 sq ft and feature a full commercial kitchen with hood ventilation, cooking equipment, refrigeration, prep stations and leasehold improvements already in place. Ideal for restaurant, takeout, ghost kitchen or delivery based food concepts. Located in a high traffic area with strong surrounding residential density and convenient access for customers and delivery services. Asset sale only. Real estate not included. Financial statements are not available as this is strictly an asset sale. Buyer to assume existing lease subject to landlord approval (id:1945)
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Property details for 646 Erb St Street W, Waterloo
- Type
- Commercial
- Living Area
- 1,426 square feet
- Lot Size
- 1426
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $23
Nearby Listings Stat
Estimated price and comparable properties near 646 Erb St Street W
Active Listings
135
Min Price
$85,000
Max Price
$2,300,000
Avg Price
$835,042
Days on Market
43
days
Sold Listings
54
Min Sold Price
$70,000
Max Sold Price
$1,799,900
Avg Sold Price
$821,732
Days until Sold
48
days
Neighbourhood Census Data
Waterloo, Ontario
Population
846
Median Age
33.3
Median Income
$23,120
Dwelling Value
$280,395
Housing Tenure
Owners 33%
Renters 65%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3
Pop. Density: 5,290.8/km²
Avg Shelter Cost: $1,269/mo
Owners with Mortgage: 82.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 35.3%
English only: 87.5%
French only: 0.7%
English and French: 9.9%
Neither: 2%
Median Household Income: $50,304
Median Employment Income: $22,848
Price History
Listed
September 24, 2026
by RE/MAX REALTY SERVICES INC.
Current Price
$149,888
Type
Commercial
For Sale
