255 King Street

ActiveWaterloo71 days on marketMLS® X13206030
$149,000
$137 / sq ft
Bedrooms0
Bathrooms2
Interior1,087 sq ft
TypeCommercial
ListingFor Sale
Days on Market71

About this property

Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13206030
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size1,087 sq ft
Beds / Baths0 bed · 2 bath
CityWaterloo
Postal CodeN2J 4V2
ProvinceON
Listed DateMay 27, 2026
Days on Market71
Price per Sq Ft$137
BrokerageHOMELIFE/MIRACLE REALTY LTD

Location

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Listed by HOMELIFE/MIRACLE REALTY LTD