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$1,389,000
Available - For Sale
Listing ID: X12304046
Convenience Store with two Apartments, Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales at $ 12000 a week(Grocery) Plus Lotto commissions $ 53000 a year and Vape store sales touching 800-900 a day with 40% returns.(Vape store alone nets $ 8000 a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ $ 175000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone.
Price $1,389,000
Taxes: $6,285
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner
Address: 7663 Woodbine Stre East , Niagara Falls, L2H 1C2, Niagara
Postal Code: L2H 1C2
Province/State: Niagara
Directions/Cross Streets: Lee 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
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 1,200
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Leo's Grocery
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 15
Employees #: 3
Maintenance: 0
Water Expense: $2000
Net Income Before Debt: $175000
Expenses Actual/Estimated: $Act
Sprinklers: Part
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE SUPERSTARS REAL ESTATE LIMITED

7663 Woodbine Stre East , Niagara Falls, L2H 1C2, Niagara


 
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At a Glance:
Type: Com - Commercial Retail
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 213 - Ascot
Style:
Lot Size: x 75.00(Feet)
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Tax: $6,285
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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