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New · Listed Oct 7, 2026 · 19 days on market

23 King Street N, Waterloo, ON N2J 2W6

$289,000

Commercial · Sale Of Business · 2500 sq ft · For Sale

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 summary

TypeCommercial
SubtypeSale Of Business
Business typeRestaurant
Building area2500 Square Feet
GarageOther
PossessionFlexible
OccupantTenant
Power & Services
Heating typeGas Forced Air Closed
UtilitiesAvailable
Residential
GarageOther
Zoning & Taxes
Tax year2025
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Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.

Data provided by TRREB. Listed by REMAX YC REALTY.

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