ON > Waterloo
Waterloo, ON N1R 8C1,383 Elgin ST N #8
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1
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383 Elgin ST N #8 Waterloo, ON N1R 8C1

1 Bath

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID X12510334

Tax Year 2025

Property Sub-Type Sale Of Business

Lot Depth 232.0

Lot Front 360.0

Property Description

An exciting opportunity to acquire a business-only sale of a well-established Caribbean supermarket located in a bustling retail plaza with excellent visibility and steady daily traffic. This turnkey operation has built a strong reputation and loyal following among local residents, nearby businesses, and repeat customers from surrounding communities. The store occupies approximately 1,830 sq. ft. of leased space with an all-inclusive rent of $3,275 per month (HST included), offering low overhead and a lean staffing model that supports consistent cash flow. The current product mix features Caribbean and West Indian groceries, fresh meats, fish, poultry, and specialty cultural goods, with room to expand into Indian offerings and other complementary categories. Growth potential includes alcohol licensing (subject to approval), bakery integration through an existing brand relationship, meat and fish processing, courier drop-off services, and U-Haul rentals. The premises also provide flexibility for future upgrades, including a commercial kitchen (pending zoning approval and buyer verification), and include a large storage room suitable for a walk-in cooler or oven, a washroom with shower, and ample plaza parking. The sale includes all fixtures, equipment, goodwill, supplier and vendor accounts, as well as intellectual property and digital assets such as social media profiles and delivery service accounts with Uber Eats and SkipTheDishes. The seller is prepared to assist with training and transition, and financials are available upon request. Buyers are responsible for verifying zoning, licensing, and operational requirements. Please do not visit the business directly; all showings are strictly by appointment. This is a rare chance to step into a thriving, in-demand supermarket with strong community roots and significant room for growth.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Lot Frontage 360.0

Lot Depth 232.0

Others

ParcelsYN No

Listed by EXP REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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383 Elgin ST N #8

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