Sanjiv Puri
Broker
Ipro Realty Ltd., Brokerage
Independently owned and operated.
503-55 City Centre Dr., Mississauga, Ontario L5B1M7
Cell: 647-295-5501Office: 905-268-1000Fax: 905-277-0020
$1,408,800
Available - For Sale
Listing ID: X12284647
195 Dundas Stre West , Quinte West, K8V 3R3, Hastings
| 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: | $6184.00 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Convenience/Variety |
| Building Percentage: | T |
| Total Area: | 5593.00 |
| 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 |
| Water Expense: | $120 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 2 |
| Outside Storage: | T |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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Years
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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. |
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Sanjiv Puri
Broker
Dir:
647-295-5501
Bus:
905-268-1000
Fax:
905-277-0020
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hastings |
| Municipality: | Quinte West |
| Neighbourhood: | Trenton Ward |
| Approximate Age: | 51-99 |
| Tax: | $6,184 |
| Baths: | 2 |
| Fireplace: | N |
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