250 Albert St

Waterloo, N2L3T6
For Sale
$689,900
250 Albert St, Waterloo
250 Albert St
250 Albert St
Retail
CATEGORY
926 Sq Ft
TOTAL AREA
X8468602
MLSID
Contact Us
Property Description
Prime Retail Space In The Heart Of Waterloo. Extremely Close Proximity To Both Wilfrid Laurier University & The University Of Waterloo. Steps To The University Ave!! Exciting Opportunity To Invest In A Newer Mixed Use Condo Building. Unit Features Include Floor To Ceiling Windows, High Ceilings & Vanilla Shell Direct Street Exposure. Would Suit Many Uses Both Retail And Professional. Two parking spots included. Sold "As-is" because the tenant is still occupying the unit. Unit 105 and 106 are connected and the owners prefer to sell both units together.
Extras
Currently renting to a barbershop until 2029 Feb 29th for 5798.56/m gross rent. The base rent is 38/sqft, TMI is 28.56.
Property Details
Category
Retail
Zoning
Commercial Retail
Total Area
926 Sq Ft
Retail Area
926 Sq Ft
Taxes
$7,998 (2023)
Parking Spaces
2
Air Conditioning
Yes
Listing contracted with Real One Realty Inc.
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This is where it is all happening... be sure to take a closer look at this opportunity to own commercial real estate space in the most desirable Sage Platinum II Building which is walking distance to University of Waterloo & Wilfred Laurier University. Situated within the heart of the Waterloo Student Zone this unit has an abundance of potential for your business venture. With an estimated 19,000 students at WLU & over 33,000 students at U of W, there is a constant flow of traffic generated within this area. Currently operating as a Barber Shop with good lease term. At ground level this location consumes walking traffic by students and passersby. Book an appointment to view this property and see the many reasons why this could be your next location. This unit comes with improvements of washroom, lights, security, fire alarm, flooring etc. and 1 exclusive parking space included. Buyer can purchase 2 additional parking spaces from owner at an additional cost.
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