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$ 1,700,000
Est. payment | /mo
5,836 SqFt
$ 1,700,000
Est. payment | /mo
5,836 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5836
Square Footage 5,836 sqft
Price per Sqft $291
Subdivision 325 - Forest Hill
MLS® Listing ID 40836499
Property Sub-Type Freehold
Property Description
Take advantage of this rare opportunity to own a well-established commercial property and business in a thriving residential community. Zoned for a variety of neighborhood-serving commercial uses, this property offers flexibility for owner-operators, entrepreneurs, and investors seeking multiple income streams and long-term growth potential. Located in a densely populated area with limited nearby competition, the business enjoys a loyal customer base and strong growth potential. The approximately 1,450 sq. ft. retail space provides ample room for merchandising and expansion. Several new multi-unit residential developments in the area are expected to further increase customer traffic and sales opportunities. Ideal for a convenience or variety store operation, the business offers multiple revenue streams, including vape products, lottery sales, beer and wine sales (subject to applicable approvals), cigarettes, snacks, beverages, and everyday household essentials. additional monthly commission income includes: • Liquor Sales: Approx. $2,550–$2,750 • Cigarettes: Approx. $1,850 • Lottery: Approx. $980–$1,150 These commissions are in addition to regular retail sales, providing a solid income foundation. Whether you are looking for a turnkey family business or an investment with future upside, this is a rare opportunity to own an established operation in an expanding neighborhood with significant growth potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Peaceland Realty
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