280 Lancaster ST W Active

Kitchener,ON N2H 4V3

$ 299000

- Bed

- Bath

1800 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

State ON

County Waterloo

Interior

Cooling Yes

Exterior

Parking Type None

View More
Favorite Go Tour