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$ 1,408,800
Est. payment | /mo
2 Baths
5,593 SqFt
$ 1,408,800
Est. payment | /mo
2 Baths
5,593 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,593 sqft
Price per Sqft $251
Subdivision Trenton Ward
MLS® Listing ID X12284647
Source Toronto Regional Real Estate Board
Property Description
Exceptional Business & Property Opportunity! Rare offering of a high-volume, well-established convenience store with over 12 years of successful operation under the same owner. Located on a prime high-traffic corner lot with excellent exposure and loyal walk-in clientele, this free-standing property includes a spacious 3,000+ sq. ft. retail space on the main level and a separate entrance to a 3-bedroom + den residential unit above. Upper level 3 bedroom APT offers excellent rental potential, with market rents estimated at $2,400/m for additional income. The store features low cigarette sales (30%) with high-margin product lines, and the potential to significantly increase profit by extending store hours. The site offers a huge customer parking lot, dedicated outdoor garage, and 3 additional storage in the store. Approval is anticipated for beer and wine sales, further enhancing revenue streams. Outstanding opportunity for expansion - The spacious layout allows for the potential to divide the space with partitions to create additional shops or lease out portions of the premises for complementary businesses such as a Vape shop, Bitcoin ATM, or other specialty services, generating additional rental income. Complete financial statements and records are available for verification after a conditional offer has been accepted. Property will be sold in its current "As-Is" condition. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by HOMELIFE LANDMARK REALTY INC.
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