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$158,000
Available - For Sale
Listing ID: E13071608
Excellent opportunity to acquire a neighborhood retail business located in a mature residential area with a stable customer base. The property features a mixed-use layout with a residential apartment on the upper level and a retail store on the main floor. Upper unit approximately 2,000 sq. ft with 4 bedrooms, kitchen and 3 washrooms, currently rented at $2,700/month. Main floor retail space approximately 1,500 sq. ft with rent of $3,500/month (including TMI & HST). Lease term remaining approximately 3.5 years with a 5-year renewal option. Business generates approximately $36,000 in monthly sales, plus additional income from lottery and ATM of approximately $850/month. Historically operated by staff. Seller advises prior net income of approximately $9,000/month; buyer to verify. Please note that certain regulated product sales are not currently in operation. Opportunity exists for a qualified buyer to re-establish product lines, subject to required approvals and licensing. Flexible use with option for owner occupancy or continued rental of the residential unit. Financial information provided by seller; buyer to verify.
Price $158,000
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 152 Park Rd South N/A , Oshawa, L1J 4H2, Durham
Postal Code: L1J 4H2
Province/State: Durham
Legal Description: Pt Lt 352 Pl 178 East Whitby Pt 2 40R145
Directions/Cross Streets: Park Rd S/Elmgrove Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Without Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 3,000
Total Area Code:  Square Feet
Office/Appartment Area: 1500
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9am-9pm
Employees #: 1
Seats: 0
Maintenance: 0
Sprinklers: No
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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REAL ONE REALTY INC.

152 Park Rd South N/A , Oshawa, L1J 4H2, Durham

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Sale Of Business
Area: Durham
Municipality: Oshawa
Neighbourhood: Vanier
Style:
Lot Size: x 70.90(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949