03-16 Mill Street East, Centre Wellington | Image 1

03-16 Mill Street East

Centre Wellington, Elora/Salem

  • Commercial

$299,000
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X11963766

  • Days on Site: 2 Days

  • Added: Feb 08, 2025 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: HOMELIFE/MIRACLE REALTY LTD

ELORA MART in Elora, ON is For Sale. Located at the busy intersection of Mill St E/Metcalfe St. Very Busy, High Traffic Area and Popular Neighborhood Convenience Store. Surrounded by Fully Residential neighborhood, Schools, Beside Grand River, Close to Elora Conservation Area, Elora Mill and more. Excellent Business with High Sales, Low Rent, Long Lease, and more. Weekly Sales: $9500 - $11,000, Tobacco Sales Portion: 50%, Grocery Sales Portion: 50%, Lotto Commission: Approx. $2000 to $2100/m, ATM Revenue: $300/m, PUDO: $200 to $300/m, Rent incl TMI & HST: $2203.50/m, Lease Term: Existing till 2028 + 5 Years Option To Renew.

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Centre Wellington

  • Community: Elora/Salem

  • Availability Date: Immediately

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2025

  • Taxes Type: N/A

Land

  • Cross Street: Geddes St/Wellington

  • Municipality District: Centre Wellington

  • Zoning: Commercial

Additional Media

  • Virtual Tour: http://hdvirtualtours.ca/elora-mart-16-e-mill-st-elora/mls

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 100

  • Retail Area Metric: %

  • Total Area: 1200

  • Total Area Metric: Sq Ft

  • Hours Open: 8am-10p

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Business/Building Name: Elora Mart

  • Financial Statement: Y

  • LLBO: N

Map of 03-16 Mill Street East, Centre Wellington
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