573 King St N Waterloo, Ontario N2L 5Z7

2 Bathroom 2,700 ft2
Fully Air Conditioned

$199,000

This little shop located at Waterloo called Coffee of the World is a very famous spot that serves coffee, K-cups, or any types of coffee and also does catering services. Located in an area with lots of exposure, near the intersection of King St N and Northfield Dr W.This 2,700 sq ft unit is equipped with a 5 ft hood, 1 walk-in fridge, 2 washrooms, and tons of parking outside. The unit has a seating capacity for 30 people.**** EXTRAS **** The place started in 2014 and is already on it's 9th year. Gross lease rate of $8,584 with a 10-year lease that can discussed. Just in 2022, sales are at $392,611. Ownership structure is 100%. The neighbourhood tenants also has LCBO, Scotia (id:26892)

Property Details

MLS® Number X7016244
Property Type Business

Building

Bathroom Total 2
Cooling Type Fully Air Conditioned
Size Interior 2,700 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Irregular 259.26 X 314.17 Ft
Size Total Text 259.26 X 314.17 Ft

https://www.realtor.ca/real-estate/26080395/573-king-st-n-waterloo

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