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$ 1,049,900
Est. payment /mo
Active
58 SOUTHWORTH STREET N Welland (lincoln/crowland), ON L3B1Y4
4,112 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,112 sqft
Price per Sqft $255
Subdivision 773 - Lincoln/Crowland
MLS® Listing ID X12180569
Source Toronto Regional Real Estate Board
Property Description
***Building & Business for Sale Prime Corner Lot with Multiple Income Streams*** Fantastic opportunity to own a well-established, multi-business property on a high-traffic corner lot with plenty of parking. This turnkey operation includes FOUR well established businesses under one roof: a convenience store, garden centre, deli/takeout, and a renovated 3-bedroom apartment on the second floor. There is also an incredible opportunity to add a coffee stop or an ice cream parlor by an ambitious operator ready to take over the reigns. Recently licensed for alcohol sales, the business has seen a clear increase in revenue across all segments. Average weekly sales are roughly $20K (excl. HST), with $4,400/month in lottery commissions and $500/month from ATM. The apartment is currently owner-occupied, offering added rental income potential if the new owner wishes to lease it out. After 12 successful years, the current owners are ready to retire. This business is Ideal for investors or owner-operators seeking a profitable, diversified opportunity with growth potential. A rare chance to own a high-margin, multi-stream business with real estate included. This one won't last. Book your private visit today! (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
Others
Virtual Tour https://www.youtube.com/watch?v=8mLjwFRQnXc
Listed by SUTTON GROUP REALTY SYSTEMS INC.