$329,000 FOR SALE

Business for Sale

Restaurant

Total Area: 1,500 ft2
2024 Taxes: $1,250

105 Oak Park Dr
Waterloo, ON N2K 0B3

Excellent fast casual restaurant available in Waterloo that has excellent sales and income on top of owner's salary. Levetto brand can be included or Buyer can convert the restaurant to a brand/concept satisfactory the Landlord. Fantastic open kitchen layout with exhaust hood, 6 burner stove, fryer, pizza oven, fridges, freezers, front patio and more. Backing on to giant sports field and RIM Park sports field and public library.Capacity of 32 people with Liquor License. Incredibly low rent at $4,065.50 including TMI. Lease expires December 31st, 2028 with an additional 5 year renewal option.

Extras
* Net Rent = $2,812.40 * TMI = $1,250.00 * Lease Expires December 31st, 2028 * 5 Year Renewal Option * LLBO = 32 * Sunny Patio * Ample Parking * Brand Can Be Included Or Restaurant Can Be Rebranded *

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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8016300
Last Updated May 01, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
Occupancy Tenant
Possession Date TBD
Taxes (2024) $1,250
Tax Type T.M.I.
Directions/Cross Streets Millenium Blvd & Oak Park Dr
Area Waterloo
Price History
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Detailed Information
Bathrooms 2
Retail Area 100 percent
Total Area 1,500 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Hours Open 11Am-8P
LLBO Y
Employees 10
Heat Type Gas Forced Air Open
Financial Statement Y
Seats 32
Sprinklers Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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