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$ 249,000
Est. payment | /mo
$ 249,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Centennial
MLS Listing ID E11998471
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Kay's Place Art and Gifts is a very successful and longstanding family run business with excellent profit margins and consistent sales. It has been in business for 34 years, with 14 of those years in this great location. Simcoe Street is one of the busiest streets and thorough fares in Oshawa and this central location is ideal. There are 40 parking spaces and tons of signage including a marketing pylon on Simcoe. There is a great layout that is easy to manage and staff and there are zero employees with only two owners that work the business. Please do not go direct or speak to ownership. EXTRA: Very attractive lease rate of $2,500 Gross Rent with 5 + 5 years remaining. All equipment for the picture framing is down in the workshop. Easy to learn and outstanding margins on the business. Low competition in the area.
Location
Province ON
County Durham
Community Centennial
Area Durham
Interior
Cooling Yes
Exterior
Lot Frontage 110.0
Lot Depth 307.0
Listed by ROYAL LEPAGE SIGNATURE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "