280 Lancaster Street West, Kitchener | Image 1

280 Lancaster Street West

Kitchener

  • Commercial

$299,000
For Sale

Added 5 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: C1

  • Age: No Data

  • MLS®#: X9011702

  • Days on Site: 166 Days

  • Added: Jul 04, 2024 (5 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX TWIN CITY REALTY INC.

Location, Location, and Potential! This independent convenience store is perfectly situated on the main road of a residential area, ensuring a steady flow of customers throughout the day. The business enjoys a favorable environment with minimal competition in the surrounding area, making it an ideal opportunity for an aspiring entrepreneur. With a well-established customer base and significant growth potential, this convenience store presents a rare opportunity for anyone looking to enter or expand in the retail market. Don't miss your chance to own a thriving business in a prime location (1,800 sqft, Weekly Sales approximately $14K, Cigarettes portion 55% (13% margin), Lottery Commission $45K (2023) increasing, New Lease Available (5+5), Rent $6,000/month(including TMI, HST), Utilities $1,000/month, Walk-In Cooler installed recently, convertible for beer).

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Kitchener

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes Type: N/A

Land

  • Cross Street: Lancaster, Cliffton

  • Municipality District: Kitchener

  • Lot Depth: 185.92 Feet

  • Lot Frontage: 115.3 Feet

  • Zoning: C1

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1800

  • Retail Area Metric: Sq Ft

  • Total Area: 1800

  • Total Area Metric: Sq Ft

  • Hours Open: 14

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Business/Building Name: Sunny's Mart

  • Financial Statement: N

  • LLBO: N

Map of 280 Lancaster Street West, Kitchener
JK-8

St Teresa Catholic Elementary School

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Prueter Public School

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St Agnes Catholic Elementary School

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Margaret Avenue Public School

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Bridgeport Public School

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Suddaby Public School

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Pre-Grade 9-12

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Cameron Heights Collegiate Institute

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