102 - 318 Spruce Street Waterloo, Ontario N2L 0E9
$899,000
Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept. (id:50787)
Property Details
| MLS® Number | X13574974 |
| Property Type | Retail |
| Amenities Near By | Public Transit |
| Parking Space Total | 1 |
Building
| Appliances | Freezer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,824 Sqft |
| Type | Retail |
| Utility Water | Municipal Water |
Parking
| Underground |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/30046204/102-318-spruce-street-waterloo
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July 17 2026 04:37:45
Toronto Regional Real Estate Board
Aimhome Realty Inc.