For Sale

23 King Street, Waterloo, Ontario N2J 2W6

$388,000

23 King Street, Waterloo, Ontario N2J 2W6 is For Sale and has a listing price of 388,000. The property is located in the Waterloo . It's been on the website for 1 Day.

  • Sale Of Business
    Property Type
  • MLS ID: X12609690
  • Office Name REMAX YC REALTY
Property Description

Turnkey restaurant opportunity in prime Uptown Waterloo on King Street! Featuring a brand-new, fully equipped commercial kitchen and liquor license already approved, this beautifully designed space is ready for immediate operation. Currently operating as a well-known and profitable franchise, offering the option to continue the brand or fully convert to your own unique restaurant concept and brand. Excellent street exposure, strong foot traffic, and a warm, inviting interior make this an ideal location for long-term success. Lease in place until November 30, 2030 with a 5-year renewal option. A rare chance to acquire a fully built-out, flexible restaurant in one of Waterloo’s most desirable dining districts.

Property Details
  • MLS ID: X12609690
  • Price: $388,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12609690
  • Year Built: N/A
  • Dir / Cross St: Between Erb and Bridgeport on King st Uptown Waterloo
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
12/08/2025 X12609690 $388,000 For Sale - -
10/27/2025 X12484040 $388,000 For Sale - -
12/30/2024 X11902476 $99,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $801,507 Average List Price
    based on 1 year
  • 204 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.59 % Up
  • Sold (12mo) 654
  • Rented (12mo) 245

  • 1 Month Change -24.8%
  • 3 Month Change -19.3%
  • 6 Month Change -24.9%
Walkscore
Property Type Distribution
  • All Houses
    44.9%
  • Commercial
    6.44%
  • Condo
    48.57%
  • Land for Sale
    0.1%
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 08/12/2025 16:11:37
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