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$1,408,800
Available - For Sale
Listing ID: X12284647
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.
Price $1,408,800
Taxes: $6,184
Tax Type: Annual
Occupancy by: Owner
Address: 195 Dundas Stre West , Quinte West, K8V 3R3, Hastings
Postal Code: K8V 3R3
Province/State: Hastings
Legal Description: Plan 76 Pt Lot 13 Rp 21R8276 Part 1 S/S
Directions/Cross Streets: Hwy 2 & Lorne Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: With Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 5,593
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 51-99
Business/Building Name: Korner Store
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8am - 1
Employees #: 0
Seats: 0
Maintenance: 0
Water Expense: $120
Expenses Actual/Estimated: $Est
Sprinklers: No
Outside Storage: T
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE LANDMARK REALTY INC.

195 Dundas Stre West , Quinte West, K8V 3R3, Hastings


 
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At a Glance:
Type: Com - Sale Of Business
Area: Hastings
Municipality: Quinte West
Neighbourhood: Trenton Ward
Style:
Lot Size: x 132.00(Feet)
Approximate Age: 51-99
Tax: $6,184
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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