2 Bathroom
5,593 ft2
Fully Air Conditioned
Forced Air
$1,408,800
Exceptional Business & Property Opportunity! Rare offering of a high-volume, well-established convenience store with over 12 years of successful operation under the same owner. Located on a prime high-traffic corner lot with excellent exposure and loyal walk-in clientele, this free-standing property includes a spacious 3,000+ sq. ft. retail space on the main level and a separate entrance to a 3-bedroom + den residential unit above. Upper level 3 bedroom APT offers excellent rental potential, with market rents estimated at $2,400/m for additional income. The store features low cigarette sales (30%) with high-margin product lines, and the potential to significantly increase profit by extending store hours. The site offers a huge customer parking lot, dedicated outdoor garage, and 3 additional storage in the store. Approval is anticipated for beer and wine sales, further enhancing revenue streams. Outstanding opportunity for expansion - The spacious layout allows for the potential to divide the space with partitions to create additional shops or lease out portions of the premises for complementary businesses such as a Vape shop, Bitcoin ATM, or other specialty services, generating additional rental income. Complete financial statements and records are available for verification after a conditional offer has been accepted. Property will be sold in its current "As-Is" condition. (id:62616)
Business
Business Type
|
Retail and Wholesale |
Business Sub Type
|
Convenience store |
Name
|
Korner Store |
Property Details
MLS® Number
|
X12284647 |
Property Type
|
Business |
Community Name
|
Trenton Ward |
Amenities Near By
|
Highway |
Building
Bathroom Total
|
2 |
Age
|
51 To 99 Years |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
5,593 Ft2 |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Highway |
Size Depth
|
132 Ft |
Size Frontage
|
66 Ft |
Size Irregular
|
66 X 132 Ft |
Size Total Text
|
66 X 132 Ft |
Zoning Description
|
C1 |
https://www.realtor.ca/real-estate/28605075/195-dundas-street-w-quinte-west-trenton-ward-trenton-ward