318 Spruce St - Sage II - Retail/Office Podium 1,824 SF Retail Condo Unit Offered at $661,808 in Waterloo, ON N2L 3M7
INVESTMENT HIGHLIGHTS
- Extremely Close Proximity To University Of Waterloo And Wilfrid Laurier University.
- Located On The Ground Floor Of Sage 2 Condos In The Heart Of Waterloo.
- In Area With Shortage Of Retail To Capture The Heavy Residential Traffic.
EXECUTIVE SUMMARY
Attention To All Investors And Users! Located On The Ground Floor Of Sage 2 Condos In The Heart Of Waterloo. Extremely Close Proximity To University Of Waterloo And Wilfrid Laurier University. In Area With Shortage Of Retail To Capture The Heavy Residential Traffic. 15 Feet Clear High Ceilings Without Poles & Direct Street Exposure. It Has Kitchen, Washroom One Underground Parking Space And Storage. This Prime Retail Space Would Suit Many Uses Both Retail And Professional! **** EXTRAS **** The Owner Is Currently Running Convenience And Vape Store. Liquor License is Available. The Buyer Can Either Take Over The Business ($20-$30k Inventory) Or Take Vacant Possession.
PROPERTY FACTS
| Total Building Size | 28,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | A |
| Floors | 2 |
| Typical Floor Size | 13,000 SF |
| Year Built | 2016 |
| Lot Size | 0.77 AC |
| Parking Ratio | 7.14/1,000 SF |
| Zoning | MU - Mixed Use |
1 UNIT AVAILABLE
Unit 102
| Unit Size | 1,824 SF |
| Price | $661,808 USD |
| Price Per SF | $362.83 USD |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
It Has Kitchen, Washroom One Underground Parking Space And Storage. This Prime Retail Space Would Suit Many Uses Both Retail And Professional!
SALE NOTES
The Owner Is Currently Running Convenience And Vape Store. Liquor License is Available. The Buyer Can Either Take Over The Business ($20-$30k Inventory) Or Take Vacant Possession.
NEARBY MAJOR RETAILERS
