116 ERB Street W

Office For Sale in Waterloo, Ontario

$899,000
  • 2,000 Sq. Ft.
  • Built 1904
Live-work space in the most exciting area in Waterloo near all the locales that make Waterloo Great! 900 square feet of main floor office space plus four a bedroom, upper level apartment. Additional space in finished basement. Thousands recently spent on exterior improvements including new asphalt and retaining wall. Six lined, parking spots at this location. Parking is scarce in Uptown. Additional parking spots can be rented to Barrelworks tenants or Seagram Loft residents. Due to proximity to all amenities, AIRBNB of the upper unit could also be a very lucrative option. From a traditional rental perspective, next owner can go to market rents immediately and profit from perhaps one of the best rental market in Canada. Combining 116 Erb with 114 Erb Street (triplex) makes the site even more compelling and may unlock development opportunity. Situated steps to Waterloo Park's LRT station (about 100 meters) and in front of the Barrel Works Development, this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and night life, Waterloo Park and Waterloo Rec Centre are a quick walk away. Both universities are accessible by LRT - just a stop away! CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. Superior, high profile location. Big Time Opportunities like this are Rare. Do you have the vision to maximize this site? (id:4069)
Address 116 ERB Street W
List Price $899,000
Property Type Office
Area Ontario
Sub-Area Waterloo
Floor Area 2,000 Sq. Ft.
Year Built 1904
MLS® Number 40644515
Listing Brokerage Royal LePage Wolle Realty
Basement Area Full
Postal Code N2L1T5
Zoning RMU-20, C159
Site Influences Public Transit, Schools
Features Southern exposure, Paved driveway

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Caldwell & Co. | Premier Realty Group

Royal LePage Wolle Realty

7A - 180 Northfield Dr. W., Waterloo ON. N2L 0C7

Office: 519.210.1008

info@caldwellandco.ca