#103 280 Lester Street, Waterloo - Business for Sale
#103 280 Lester Street, Waterloo, Ontario, N2L0G2
This business in Waterloo is for sale offering roughly 1,200 sq ft of space. It has been on the market 5 days, fresher than the Waterloo average of 67 days.
Description
TWO BUSINESSES, ONE LOCATION - $125,000 INCLUDING INVENTORY! Excellent business acquisition opportunity at 280 Lester Street, Unit103, in Waterloo's vibrant university district. This offering combines UNIVERSITY WIRELESS, a cellphone and electronics retail/service business,with KW HAZE SPOT (THE VAPE STORE), an existing specialty vape-store operation with municipal business licensing and as per seller, Region ofWaterloo Public Health approval. University Wireless offers mobile devices, accessories, professional repairs, prepaid wireless plans and internet-related services. Features prominent storefront signage, Freedom mobile prepaid services with opportunity to get postpaid financing service(subject to prepaid activation performance), VMedia (Home Internet, IPTV, Home Sevices services), HP Reseller, extra services as Photo Copyand Printing, ATM Machine and Bitcoin Machine Services on site, established business identities and a convenient location serving Waterloo'sUniversity neighbourhood. An opportunity for entrepreneurs and owner-operators seeking two complementary retail operations through oneacquisition. Asking price includes inventory, subject to an agreed inventory schedule. Business sale only. Lease arrangements and municipallicenses require purchaser approvals subject to applicable requirements. (id:66096)
Property Details
- MLS®
- X14130284
- Property Type
- Business
- Business Type
- Service
- Zoning
- C
- Parking
- 1
- Interior Size
- 1,200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $9,461/yr
- Listed
- 5 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 5 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Waterloo has been listed for 5 days, which is 62 days fresher than the city average of 67. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2L)
This home lists at $125,000, about 1.8× the local median household income of $69,500.
Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $69,500
- Population
- 37,953
- Median age
- 29.8
- Owner / renter
- 37% / 63%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA N2L)
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$125,000
Waterloo