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Home ON Greater Oshawa Durham Region Oshawa Samac
N3 - 1700 SIMCOE STREET N
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N3 - 1700 SIMCOE STREET N $229,000
$229,000
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N3 - 1700 SIMCOE STREET N
Oshawa (Samac), Ontario L1G8A5

MLS® Number: E12457452

Listing Description

Discover a well-established grocery store FoodCo Supermarket & Halal Meat with approximately 450-500k spent on lease hold improvements , ideally located directly beneath a student residence housing over 800 students guaranteeing consistent daily traffic. The store benefits from its prime position near Durham College, Ontario Tech University, and within a rapidly growing residential community with several new developments underway.This business enjoys strong monthly sales with significant potential for further growth through targeted marketing and product expansion. The rent is $4,981.94/month (including TMI & HST) and covers all utilities and maintenance, plus six reserved parking spots. A secure lease runs until 2032 with 5 + 5-year renewal options, providing long-term operational stability. With its unbeatable location, built-in student clientele, and established community presence, this is an excellent opportunity for investors or operators seeking a profitable and future-ready grocery and halal meat business. (41436353)

Location Description

Simcoe St N/Niagara Dr

Property Summary

Property Type
Business
Community Name
Samac
Annual Property Taxes
$0
Time on REALTOR.ca
66 days

Building

Interior Features
Appliances Included
Freezer
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Food Services and Beverage (Grocery)

Measurements

Square Footage
1687 sqft

Land

Other Property Information
Zoning Description
MU-B(1)
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905-459-7900
647-915-3421
RAMAN DUA