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Home ON Brudenell, Lyndoch and Raglan
5952 PALMER ROAD
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5952 PALMER ROAD $1,380,000
$1,380,000
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5952 PALMER ROAD
Brudenell, Lyndoch and Raglan, Ontario K0J2E0

MLS® Number: X10440892

Listing Description

The rare-found business is located on the shores of the Madawaska River and has no competition. Annual sales of around $1.5 million ~ $1.6 million, including LCBO and Beer sales. The high grocery sales contribute to a high average profit, and the business is bustling during the summer season with customers from nearby cottages. Additionally, the business benefits from steady revenue throughout the year due to hunting and fishing during the spring and fall seasons. The sale of fishing and hunting items and bag ice and ice cream during the summer maintains high profits. The store has a large space with a beer walk-in cooler room, and well-organized storage, making it convenient to have a beer delivery loading dock on the side of the building. There are 3-Bedroom APT for the owner and 2-Bedroom APT leased for the tenant, generating rental inco **** EXTRAS **** The extra income of Chip Truck in the Back Yard around 40K - 60K on the Season from Thursday to Sunday (May to October). The amount of Inventory should be paid separately by the buyer. (38115180)

Location Description

515 & 514

Property Summary

Property Type
Business
Community Name
572 - Brudenell/Lyndoch/Raglan
Land Size
123.6 x 173.3 FT
Annual Property Taxes
$3,500
Time on REALTOR.ca
28 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Septic System
Business
Business Type
Retail and Wholesale (Convenience store)

Measurements

Square Footage
5000 sqft

Land

Lot Features
Frontage
123 ft ,7 in
Land Depth
173 ft ,3 in
Other Property Information
Zoning Description
Commercial
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
DANNY YOON