Own a prime commercial property in the heart of Uptown Waterloo, a vibrant hub for commerce, culture, and tourism in one of Canada's fastest-growing Census Metropolitan Areas. This meticulously maintained detached bungalow features an expansive storefront, a well-appointed kitchen, two versatile prep rooms, and a convenient 2-piece bathroom on the main level. Downstairs, you'll find a spacious office, ample storage space, and a modern 3-piece bathroom/laundry area. Positioned at the high-visibility intersection of Erb Street East and Peppler Street, with unmissable exposure along busy Erb Street, this property is strategically located for success. Recent updates include new windows, with most replaced in 2020. The building is equipped with central air, a 200 Amp electrical service, owned water softener, tankless water heater, and a garage. Parking is available in the property's driveway, with additional street parking in front. The ION LRT stop is just a short 6-minute walk away, offering exceptional accessibility for both customers and employees, whether arriving by car or public transit. Currently operating as a thriving cake and bakery business, this property underwent extensive renovations in 2020. Brand new porch/steps 2024. Zoned for Uptown Commercial Core (U1), it accommodates a diverse range of businesses. Alternatively, seize the unique opportunity to acquire a well-established, turnkey cake and bakery business along with the freehold building, contact Listing Agent for more info. PLEASE DO NOT GO DIRECT.