For Sale

1221 LOBSINGER Line, Waterloo, Ontario N2J4G8

$1,499,000

1221 LOBSINGER Line, Waterloo, Ontario N2J4G8 is For Sale and has a listing price of 1,499,000. The property is located in the Woolwich neighbourhood. It's been on the website for 51 Days.

  • Hospitality
    Property Type
  • MLS ID: 40650157
  • Office Name EXP REALTY,EXP REALTY,EXP REALTY
Property 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 growth—don’t let it slip away! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 40650157
  • Price: $1,499,000
  • Transaction Types: For Sale
  • Ref ID: 27460484
  • Year Built: N/A
  • Property Type: Hospitality
  • Property Type: Commercial
  • Property Sub Category: Hospitality
Price History
List Date MLS ID List Price Status End Date Closed Price
09/24/2024 40650157 $1,499,000 For Sale - -
09/24/2024 40650268 $1,499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Woolwich
  • $1,189,174 Average List Price
    based on 1 year
  • 73 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 41.88 % Up
  • Sold (12mo) 81
  • Rented (12mo) 10

  • 1 Month Change -19.8%
  • 3 Month Change -3.4%
  • 6 Month Change -15.0%
Walkscore
Property Type Distribution
  • All Houses
    88.6%
  • Commercial
    10.41%
  • Condo
    0.33%
  • Land for Sale
    0.66%
Additional Details
  • Sewers Septic System
  • Basement2 Full
  • Water Well
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/09/2024 00:00:00
  • Zoning R.1b
  • Agent Name: Muhannad Yaseen,PATTY KEMPEL,IBRAHIM HUSSEIN ABOUZEID
  • Address Subdivision: 553 - St Jacobs/Floradale/W.Montrose
  • Last Updated: 03/10/2024 15:10:44
Open House Dates
Want to see this property?