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Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1, 824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept. (id:58753)
King St N/University Ave E
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.
82/100
Very Walkable
Walk Score ®
65/100
Good Transit
Transit Score ®
75/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
16 nearby routes: 15 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.
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0 bds • 0 ba • 1,824 sqft
102 - 318 SPRUCE STREET, Waterloo, ON N2L0E9
0 bds • 0 ba • 1,950 sqft
105 - 318 SPRUCE STREET, Waterloo, ON N2L3M7
0 bds • 0 ba • 1,956 sqft
18 High Street, Waterloo ON N2L 3X6, Waterloo, ON N2L 3X6
0 bds • 0 ba • 2,097 sqft
379 Holly Street, Waterloo ON N2L 4G5, Waterloo, ON N2L 4G5
0 bds • 0 ba • 2,097 sqft
379 HOLLY Street, Waterloo, ON N2L4G5
5 bds • 3 ba • 1,683 sqft
10 MARSHALL Street, Waterloo, ON N2J2T2
5 bds • 2 ba • 1,754 sqft
8 Marshall Street, Waterloo ON N2J 2T2, Waterloo, ON N2J 2T2
5 bds • 2 ba • 1,754 sqft
8 MARSHALL Street, Waterloo, ON N2J2T2
0 bds • 0 ba • 1,972 sqft
139 ELGIN Crescent, Waterloo, ON N2J2S5
4 bds • 2 ba • 1,773 sqft
25 Central Street, Waterloo ON N2L 3A5, Waterloo, ON N2L 3A5
4 bds • 2 ba • 1,773 sqft
25 Central Street, Waterloo ON N2L 3A5, Waterloo, ON N2L 3A5
4 bds • 2 ba • 1,773 sqft
25 CENTRAL Street, Waterloo, ON N2L3A5
2 bds • 2 ba • 1,779 sqft
54 BLUE SPRINGS Drive Unit# 44, Waterloo, ON N2J4T3
3 bds • 2 ba • 1,910 sqft
139 MACKAY Crescent, Waterloo, ON N2J3K1
3 bds • 4 ba • 1,993 sqft
326 Tealby Crescent, Waterloo ON N2J 4Z8, Waterloo, ON N2J 4Z8
4 bds • 4 ba • 1,818 sqft
212 Sleaford Street, Waterloo ON N2J 4Z8, Waterloo, ON N2J 4Z8
3 bds • 3 ba • 1,723 sqft
226 Sleaford Street, Waterloo ON N2J 4Z7, Waterloo, ON N2J 4Z7
4 bds • 3 ba • 1,605 sqft
254 Quickfall Drive, Waterloo ON N2J 3S9, Waterloo, ON N2J 3S9
3 bds • 4 ba • 1,841 sqft
177 Mayfield Avenue, Waterloo ON N2J 3S3, Waterloo, ON N2J 3S3
bds • 0 ba • 1824 sqft
102 - 318 SPRUCE STREET
bds • 0 ba • 1950 sqft
105 - 318 SPRUCE STREET
5 bds • 5 ba • sqft
506 - 8 HICKORY STREET W
5 bds • 5 ba • sqft
203 - 8 HICKORY STREET W
5 bds • 5 ba • sqft
703 - 8 HICKORY STREET
5 bds • 5 ba • 2077 sqft
806-8 Hickory Street W, Waterloo ON N2L 3H6
5 bds • 5 ba • sqft
806 - 8 HICKORY STREET W
5 bds • 5 ba • sqft
1105 - 8 HICKORY STREET W
5 bds • 5 ba • 2104 sqft
8 HICKORY Street W Unit# 1105
5 bds • 5 ba • 2104 sqft
1105-8 Hickory Street W, Waterloo ON N2L 3H6
0 bds • 0 ba • 1956 sqft
18 High Street, Waterloo ON N2L 3X6
0 bds • 0 ba • 2097 sqft
379 Holly Street, Waterloo ON N2L 4G5
0 bds • 0 ba • 2097 sqft
379 HOLLY Street
bds • 0 ba • 926 sqft
105&106 - 250 ALBERT STREET
5 bds • 2 ba • 1039 sqft
273 Albert Street, Waterloo ON N2L 3T7
5 bds • 3 ba • 1683 sqft
10 MARSHALL Street
5 bds • 3 ba • 1226.77 sqft
10 Marshall Street, Waterloo ON N2J 2T2
5 bds • 2 ba • sqft
8 MARSHALL STREET
5 bds • 3 ba • sqft
10 MARSHALL STREET
Source: Realty.com
102 318 SPRUCE STREET, Waterloo, ON N2L0E9 in Waterloo, ON N2L0E9 is a retail listed at $899,000. Highlights include 1,824 sq. ft., $493 per sq. ft.. Realty.ca has 12 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 12 photos of 102 318 SPRUCE STREET.
The full address for this home is 102 318 SPRUCE STREET, Waterloo, ON N2L0E9.
102 318 SPRUCE STREET has been listed on Realty.com since Fri July 17, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.
Listing provided courtesy of:
AIMHOME REALTY INC.
Listing agent:
VICKY PAN
This content last refreshed on 2026-09-28 22:37:30. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.