Waterloo, ON Commercial Real Estate for Lease and Sale

Explore 56 listing(s) of commercial real estate in Waterloo, ON to find the best space for your business.

CRE Market FAQs

150 Wissler Road

150 Wissler Road, Colonial Acres, Waterloo, ON
Space Type

Retail
For Lease

$34.00/SF/YR
1 space available / 3,000 SF
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Den 1880 - 14 Erb Street West
Den 1880
Erb Street West, Waterloo, ON
Space Type

Private Offices
For Lease

From CA$1,688/month
Space for 1 to 20 people
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50 Westmount Rd North

50 Westmount Rd N, Westmount, Waterloo, ON
Space Type

Office
For Lease

$18.00/SF/YR
4 spaces available / 35,000 - 88,000 SF
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Waterloo:
- Office Space: The market includes 764,712 square feet of office spaces in addition to 38 coworking locations.
- Retail Space: Between malls, restaurants and stores, Waterloo is home to 516,134 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 553,736 square feet of available space in Waterloo.
The average rent for commercial real estate in Waterloo is $20 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Waterloo costs $7.5, while the city’s premium locations ask up to $35.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 102,611 square feet.
The best area for commercial real estate in Waterloo will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Columbia, home to no fewer than 18 listings for space of all types. If you're looking for office space, Conestoga has the highest concentration of office listings at 12.

Meanwhile, Conestoga has the highest number of industrial availabilities (5), while Uptown Waterloo boasts the largest number of retail listings in the city (10).
CommercialCafe’s CRE offering in Waterloo is enabled by a network of 17 active brokers from 6 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $35 per square foot. In particular, the property type commanding the highest lease rates in Waterloo is Office space.
The average size of a commercial property here stands at 1,711. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Waterloo:
Office properties:
- Average size: 40,248 square feet.
- Largest property: 1st Floor (88,000 square feet).
Retail properties:
- Average size: 32,259 square feet.
- Largest property: Space Available (6,827 square feet).
Industrial properties:
- Average size: 69,217 square feet.

Waterloo, ON Commercial Space Listings

Commercial Space for Lease - Breakdown

The 45 listings for commercial real estate currently available for rent in Waterloo add up to 632,388 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	23	481,872
Retail	12	46,059
Industrial	8	102,746
Other	2	1,711

Office properties:

The market has 23 active office listings, encompassing 481,872 square feet.
Waterloo office spaces currently listed on CommercialCafe represent 51% of the total commercial real estate market in Waterloo, compared to an average of 40% across all markets tracked by CommercialCafe.

Retail Space:

There are 12 retail listings available, adding up to a total of 46,059 square feet.
Retail spaces account for approximately 26% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Waterloo offers 8 listings, amounting to 102,746 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 17% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 12 properties listed for sale in the Waterloo market, adding up to 85,364 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

1 office properties
6 retail properties
0 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	1	28,649
Retail	6	21,349
Other	5	35,366

Waterloo, ON Commercial Real Estate for Lease and Sale

150 Wissler Road

Den 1880 - 14 Erb Street West

50 Westmount Rd North

Frequently Asked Questions

Waterloo, ON Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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