Scout N Secure

585 Weber Street North — photo 1585 Weber Street North — photo 2585 Weber Street North — photo 3585 Weber Street North — photo 4

$449,000

Map

585 Weber Street North

Waterloo, Ontario N2V1V8

For sale· Added

1 bath2,000 sqft

About this property

Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $80,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential.

Location

Map data © OpenStreetMap contributors

Upcoming open housesSee all Waterloo open houses

No open houses are scheduled for this property.

Can't make it? Request a private viewing.

Property details

Listing

MLS® number
X13613914
Added
Jul 28, 2026 ()
Updated
Aug 26, 2026 ()
Info refreshed

Overview

Property type
Retail

Inside

Bathrooms
1
Heating
Forced air
Cooling
Fully air conditioned
Fireplace
No

Land

Lot size
40 x 50 ft
Zoning
Commercial

Services

Water
Municipal water

Location

Directions
Weber ST N

Running costs

Annual property tax
Contact for price

Ask about this property

$449,000
585 Weber Street North
Request a viewing

Similar properties in Waterloo