$1,499,000
( $434.62Per Sq Foot )
 $8,047 est/mo Sourced by Back At You

1221 Lobsinger Line , Waterloo, ON N2J 4G8

Waterloo, ON N2J 4G8

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Description

Prime Investment Opportunity - 1221 Lobsinger Line. This is the kind of property that investors dream about! Positioned on 2.49 acres in a high-visibility location, 1221 Lobsinger Line offers limitless potential for the savvy entrepreneur. Imagine running your own restaurant business with a commercial kitchen and banquet hall already in place, while living or earning additional income from the residential apartment upstairs. For the investor looking to expand even further, the single detached home beside the restaurant has the perfect layout and location to be converted into a bed and breakfast, capturing both local visitors and tourists passing through the area. With prime visibility and easy access to St. Jacobs and Waterloo, this property is a magnet for both local clientele and out-of-town visitors. Whether you're looking to create a one-of-a-kind dining destination or a live-and-work space, this is the perfect canvas. An investor’s dream, this property offers flexibility, high revenue potential, and room for growthdon't let it slip away!

Details

MLS#40650157
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1880
Days On Site10
Listing Provided ByEXP REALTY | Muhannad Yaseen

Features

SQ Feet3,449
BasementY
Story(s)2
ZoningA
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 6 minutes ago
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 4G8
Area5 Woolwich and Wellesley Township
Subarea553 St Jacobs | Floradale | W.Montrose
Community Name553 St Jacobs/Floradale/W.Montrose
Listing VS Median (in 553 St Jacobs/Floradale/W.Montrose)
Price:
$1,499,000
low | high
Med:
$1,137,450
74.119412941961% of Average
SqFt:
3,449
low | high
Med:
2,205
86.082922586257% of Average
$ / SqFt:
$435
low | high
Med:
$527
28.822231762741% of Average
On Site:
10
low | high
Med:
71.000000
14.084507042254% of Average
Sourced by Back At You
Listing Updated: October 3, 2024 at 11:11:50 AM PDT