23 King Street N, Waterloo

$289,000
23 King Street N

$289,000

New
16d
Sale Of Business

23 King Street N, Waterloo

Total Monthly Obligation $1,541

Beds
0
Baths
0
Park
0
DOM
16d
Property Type-Sale Of Business
MLS® Number-X13873162
Beds-0
Listed on site-Oct 7, 2026
Building Type-Sale Of Business
Parking-Other
Heating-Gas Forced Air Closed
Brokerage-REMAX YC REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Title-Commercial

No agent assigned

Turnkey restaurant opportunity in prime Uptown Waterloo on King Street! Recently renovated and thoughtfully designed, this beautifully finished space is fully equipped with a brand-new commercial kitchen, with all equipment fully owned and included. No rentals or additional equipment contracts to assume. A recently approved LLBO license allows for up to 72 seats, including a patio, offering excellent revenue potential and allowing for immediate operation. Currently operating as a well-known and profitable franchise, this opportunity offers the flexibility to continue the existing successful brand or seamlessly convert to your own unique restaurant concept. Excellent street exposure, strong foot traffic, and a warm, inviting interior make this an exceptional location for long-term success. Lease secured until November 30, 2030 with a 5-year renewal option. A rare opportunity to acquire a fully built-out, recently upgraded restaurant in one of Waterloo's most desirable and high-demand dining districts.

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Closing Costs

Mortgage Amount
$231,200
Land Transfer Taxes$2,810
Legal Fees (Est.)
$
Total cash required for closing$62,110

Total Monthly Obligation

$1,541/mo
Mortgage $1,166
Monthly Loss $1,234
Principal$307
Interest$859
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 23 King Street N

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