PROFITABLE BUSINESS WITH LOW RENT, EXCELLENT LOCATION AND LOW OPERATING COST. Prime University-Area Restaurant Opportunity Established Charminar - The South Indian Taste Restaurant located at 280 Lester St, Waterloo is a highly rated spot known for authentic south Indian flavors with 4.7/5 stars rating and huge client . Rare opportunity to own a well-established Restaurant in one of Waterloo's highest-demand locations Perfectly positioned near the University of Waterloo and Wilfred Laurier University surrounded by dense student housing, young professionals, and family communities, this store benefits from constant foot traffic, strong walk-in business, and high-volume delivery sales . Bring your concept or continue the existing restaurant operation. Great opportunity in a high-demand Waterloo location with strong potential for dine-in, takeout, delivery and catering. Fully equipped and ready for operation. All showings by appointment only.
| Listing Key: | X13842052 |
|---|---|
| List Price: | $349,888 |
| Property Type: | Commercial |
| Property Sub Type: | Sale Of Business |
| Property Status: | Active |
| Bathrooms Total Integer: | 0 |
| Tax Annual Amount: | $0 |
| Waterfront?: | No |
| City: | Waterloo |
| Postal Code: | N2L 3M6 |
| Basement Yn: | No |
| Business Type: | Restaurant |
| Chattels Yn: | Yes |
| Contract Status: | Available |
| Cooling: | Yes |
| Cross Street: | University Columbia St W & Lester St |
| Ddfyn: | Yes |
| Financial Statement Available Yn: | Yes |
| Garage Type: | None |
| Heat Type: | Electric Forced Air |
| Holdover Days: | 90 |
| Hours Days Of Operation Description: | 16 |
| Hst Application: | Included In |
| Listing Contract Date: | 2026-09-29 |
| Listing Key: | X13842052 |
| List Price Unit: | For Sale |
| Lot Size Units: | Feet |
| Lot Type: | Unit |
| Status: | New |
| Number Of Full Time Employees: | 4 |
| Original List Price: | $349,888 |
| Possession Date: | 2027-01-01 |
| Property Use: | Without Property |
| Retail Area: | 900.0 |
| Retail Area Code: | Sq Ft |
| Seating Capacity: | 15 |
| State Or Province: | ON |
| Tax Type: | N/A |
| Tax Year: | 2026 |
| Transaction Type: | For Sale |
| Vendor Property Info Statement: | Yes |
| Water: | Municipal |
| Zoning: | Nmu-8 |
| Directions: | University |
| Possession Type: | Flexible |
| Heat Type Multi: | Electric Forced Air |
| County Or Parish: | Waterloo |
| City: | Waterloo |
Listing Courtesy of: EXECUTIVE REAL ESTATE SERVICES LTD.
Listing Agent:
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Toronto Real Estate Board data last updated on October 08, 2026 05:13 PM - ET.
Property Last Updated: October 08, 2026 05:13 PM - ET
