48
  • X12453247
  • MLS® Number
  • Property Type
  • Store W Apt/Office, Commercial
  • Acres
  • Land Area
  • 4040 Sqft
  • Area Size

59 Regina N Street, Waterloo, ON N2J 2L3

  • $1,200,000

Description

Zoned U1-40(12 storeys) ~~~ This 3-unit mixed-use property has a lot to offer the pure investor or owneroccupier! With over 1480 square feet of main-floor commercial space, the zoning permits financialinstitution, medical office, personal services, restaurant and cafe, retail store, tech office, vet clinic, artstudio, business incubator, and so much more! With corner-lot exposure, 10 parking spaces, and a locationin the heart of Uptown Waterloo, the stage is set for a new business to operate where this Seller’s businessthrived for over 35 years. Find 3-bedroom and 1-bedroom apartments on the upper floors, each withseparate hydro meters, which can help to make this a great investment. Forecasted modest rents andactual expenses show a net operating income of $64,880 making this a favourable investment in the shortterm while holding and planning for highest-and-best-use. Just a few blocks from WLU, UW, Conestoga College, Light-Rail Transit, and Waterloo Park, this presents a great opportunity for attracting residentialtenants and commercial clients in a neighbourhood that is enjoyable to be in. Projected revenue of $88kand NOI of $64k. Explore the possibilities for a great investment, today!

Details

MLS® Number X12453247
Property Size 4040 Sqft
Updated on November 2, 2025 at 11:02 am

Additional details

  • Utilities: Yes
  • Cooling: Yes
  • County: Waterloo
  • Property Type: Commercial Sale
  • Community Features: Public Transit

Address

  • Address: 59 Regina N Street
  • City: Waterloo
  • State/county: ON
  • Zip/Postal Code: N2J 2L3
  • Country: CA

Contact Information

Enquire About This Property

Similar Listings

Compare listings

Compare