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Home ON Kitchener - Cambridge - Waterloo Kitchener Northward
280 LANCASTER STREET W
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280 LANCASTER STREET W $299,000
$299,000
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280 LANCASTER STREET W
Kitchener, Ontario N2H4V3

MLS® Number: X9011702

Listing 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). (36138126)

Location Description

Lancaster, Cliffton

Property Summary

Property Type
Business
Land Size
115.3 x 185.92 FT
Annual Property Taxes
$0
Time on REALTOR.ca
134 days

Building

Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Business
Business Name
Sunny's Mart
Business Type
Retail and Wholesale (Convenience store)

Measurements

Square Footage
1800 sqft

Land

Lot Features
Frontage
115 ft ,3 in
Land Depth
185 ft ,11 in
Other Property Information
Zoning Description
C1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
YONG CHAN JANG