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Listed by Surjit Sam Pablay • CENTURY 21 RIGHT TIME REAL ESTATE INC.
$ 450,000
Est. payment | /mo
$ 450,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40837020
Property Sub-Type Commercial
Source Cornerstone
Property Description
PROFITABLE AND WELL ESTABLISHED CANNBIS retail business in a highly visible and accessible UNIVERSITY AREA OF WATERLOO. Situated on a major corridor near University of Waterloo, Wilfred Laurier University and Conestoga college, this turnkey operation benefits from strong pedestrian and vehicle traffic, a growing customer base, and a strategic position within one of Waterloo's most active commercial districts. The business offers a modern retail environment, established supplier relationships, and a diverse selection of cannabis products and accessories. The area is surrounded by residential neighbourhoods, student housing, restaurants, and retail amenities, creating consistent year-round demand. Ideal opportunity for an owner-operator or investor looking to expand within Ontario's cannabis retail sector. Inventory extra. Purchaser must independently obtain all required approvals, permits, and licences to operate the business. Current lease is signed for 5 years, can be renewed for another 5 years term. Total area 1850 sq ft. Rent is $13500/MONTH including TMI and HST.
Location
Province ON
County Waterloo
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Others
Senior Community No
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Chris Adams
Broker