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 growthdon't let it slip away!
MLS# | 40650157 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1880 |
Days On Site | 41 |
Listing Provided By | EXP REALTY | Muhannad Yaseen |
SQ Feet | 3,449 |
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Basement | Y |
Story(s) | 2 |
Zoning | A |
Province | ON |
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Region | Waterloo |
City | Waterloo |
Postal Code | N2J 4G8 |
Area | 5 Woolwich and Wellesley Township |
Subarea | 553 St Jacobs | Floradale | W.Montrose |
Community Name | 553 St Jacobs/Floradale/W.Montrose |
Listing VS Median (in 553 St Jacobs/Floradale/W.Montrose) | |
Price: $1,499,000 low | high Med: $1,499,000 SqFt: 3,449 low | high Med: 3,449 $ / SqFt: $435 low | high Med: $435 On Site: 41 low | high Med: 41.000000 |