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Investment Highlights

  • Heavy Traffic
  • Clean Kitchen
  • Fully equipped

Executive Summary

Discover this unique opportunity to own a well-equipped, versatile building that thrives as a popular ice cream and food stand. With over an acre of commercially zoned land, this property offers potential for various business ventures or development projects. The building boasts comfortable indoor seating for up to 20 guests. Additionally, a spacious outdoor pavilion accommodates 16 picnic tables, ideal for enjoying meals in a relaxed, open-air setting. The heart of this establishment is its fully functional kitchen, complete with an Ansul Hood System. The kitchen and all equipment are in excellent condition, allowing for immediate operation without the need for significant upgrades or repairs. Ample storage space is provided by a large walk-in freezer, essential for maintaining inventory and supporting high-volume operations. The property includes plenty of parking space to accommodate a steady stream of visitors, making it easy for customers to access the establishment. Whether you're interested in expanding the current operations or envisioning a new venture, the possibilities are vast. This building is not just a business opportunity; it's a blank canvas ready for your innovative ideas. Whether you choose to continue this great business or expand to an all-season restaurant, this turn-key opportunity will fit perfectly. Repurpose of the location and building is also easily possible.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,339 SF
Building Class
C
Year Built
1948
Price
$410,167 CAD
Price Per SF
$306.32 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.02 AC
Zoning
05
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
226’ on E Main Street, Waterloo

Amenities

  • Restaurant
  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Tops Friendly Markets
Rent-A-Center
Community Bank

Property Taxes

Property Taxes

Parcel Number
453801-012-000-0001-018-000-0000
Land Assessment
$77,223 CAD
Improvements Assessment
$71,304 CAD
Total Assessment
$148,528 CAD
  • Listing ID: 34862356

  • Date on Market: 2025-02-18

  • Last Updated:

  • Address: 365 E Main St, Waterloo Town, NY 13165

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