152 Park Rd South Oshawa, Ontario L1J 4H2

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

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