Home ›Listings ›Waterloo ›X13177870

23 King Street Waterloo ON

📍 Waterloo, Ontario N2J 2W6

$289,000

Active

📋 Listing Highlights

StatusActive
MLS®X13177870
ListedMay 26, 2026
Days on Market—
Property TypeCommercial
StyleSale Of Business
Cross StreetBetween Erb and Bridgeport on King st Uptown Waterloo
PossessionFlexible

📝 Listing Description

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.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GarageOther

🧮 Mortgage Calculator

$57,800
Est. Monthly Payment
$1,420/mo
Principal: $231,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by REMAX YC REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13177870 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.