$ 299,000
280 Lancaster ST W Kitchener, ON N2H 4V3
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$ 299,000
Est. payment | /mo
1,800 SqFt
$ 299,000
Est. payment | /mo
1,800 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $166
MLS Listing ID X9011702
Tax Year 2023
Property Description
Location, Location, and Potential! This independent convenience store is perfectly situated on the main road of a residential area, ensuring a steady flow of customers throughout the day. The business enjoys a favorable environment with minimal competition in the surrounding area, making it an ideal opportunity for an aspiring entrepreneur. With a well-established customer base and significant growth potential, this convenience store presents a rare opportunity for anyone looking to enter or expand in the retail market. Don't miss your chance to own a thriving business in a prime location (1,800 sqft, Weekly Sales approximately $14K, Cigarettes portion 55% (13% margin), Lottery Commission $45K (2023) increasing, New Lease Available (5+5), Rent $6,200/month(including TMI, HST), Utilities $1,000/month, Walk-In Cooler installed recently, convertible for beer).
Location
Province ON
County Waterloo
Interior
Cooling Yes
Exterior
Parking Type None
Listed by RE/MAX TWIN CITY REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "