1 - 347 Erb Street W, Waterloo
Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in convenient plaza within minutes of University of Waterloo. Large 3020 Sqft lease area. Average Monthly Revenue Approx $80,000. Lotto Comn $2400/Mth, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I. All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat7.30-9.30, Sun 8-8. Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024). (id:1945)
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Property details for 1 - 347 Erb Street W, Waterloo
- Type
- Commercial
- Lot Size
- 250.9 x 195.41 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 1 - 347 Erb Street W
Active Listings
263
Min Price
$10,000
Max Price
$7,999,999
Avg Price
$680,628
Days on Market
77
days
Sold Listings
110
Min Sold Price
$109,000
Max Sold Price
$1,699,900
Avg Sold Price
$685,980
Days until Sold
67
days
Neighbourhood Census Data
Waterloo, Ontario
Population
967
Median Age
36.2
Median Income
$30,894
Dwelling Value
$420,338
Housing Tenure
Owners 47%
Renters 51%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 2,969.0/km²
Avg Shelter Cost: $1,550/mo
Owners with Mortgage: 48.6%
Owners Spending 30%+: 16.2%
Tenants Spending 30%+: 51.3%
English only: 88.6%
English and French: 10.4%
Neither: 0.5%
Median Household Income: $65,408
Median Employment Income: $22,816
Price History
Listed
May 20, 2026
by ROYAL LEPAGE IGNITE REALTY
Current Price
$529,900
Type
Commercial
For Sale
