3,000 sqft
Fully Air Conditioned
Forced Air
$158,000
Excellent opportunity to acquire a neighborhood retail business located in a mature residential area with a stable customer base. The property features a mixed-use layout with a residential apartment on the upper level and a retail store on the main floor. Upper unit approximately 2,000 sq. ft with 4 bedrooms, kitchen and 3 washrooms, currently rented at $2,700/month. Main floor retail space approximately 1,500 sq. ft with rent of $3,500/month (including TMI & HST). Lease term remaining approximately 3.5 years with a 5-year renewal option. Business generates approximately $36,000 in monthly sales, plus additional income from lottery and ATM of approximately $850/month. Historically operated by staff. Seller advises prior net income of approximately $9,000/month; buyer to verify. Please note that certain regulated product sales are not currently in operation. Opportunity exists for a qualified buyer to re-establish product lines, subject to required approvals and licensing. Flexible use with option for owner occupancy or continued rental of the residential unit. Financial information provided by seller; buyer to verify. (id:49269)
Business
|
Business Type
|
Retail and Wholesale |
|
Business Sub Type
|
Convenience store |
Property Details
|
MLS® Number
|
E13071608 |
|
Property Type
|
Business |
|
Community Name
|
Vanier |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
3000 Sqft |
|
Size Interior
|
3,000 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
70 Ft ,10 In |
|
Size Frontage
|
100 Ft |
|
Size Irregular
|
Bldg=100 X 70.9 Ft |
|
Size Total Text
|
Bldg=100 X 70.9 Ft |
|
Zoning Description
|
Commercial/residential |
https://www.realtor.ca/real-estate/29688097/152-park-rd-south-oshawa-vanier-vanier