02-71 Broadway, Orangeville | Image 1

02-71 Broadway

Orangeville, Orangeville

  • Commercial

$200,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: CBD

  • Age: No Data

  • MLS®#: W8150482

  • Days on Site: 18 Days

  • Added: Mar 18, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE RCR REALTY

Reduce your time to market!! Broadway Cannabis is a fantastic opportunity to own a successful cannabis retail store in the heart of downtown Orangeville w/terrific foot traffic & loyal customer base. Having been in operation for 3 years, Broadway Cannabis has over 1,500 regular returning customers enjoying the benefits of a private loyalty program. Broadway Cannabis boasts a clean & bright Apple-style boutique ambiance w/great curb appeal, in a well-maintained building & amazing exposure on Broadway. With $500,000 in renovations & $150,000 in furnishings, computer/communication equipment, this state-of-the-art turn-key operation has a favorable lease agreement & total rentable space of 1695 sq ft. (reducing to 1,295 with sharing of washrooms/lunchroom, a rent reduction of $12,000/year). This includes 1175 sq ft of retail space, 120 sq ft of private office/server room. 400 sq ft of lunchroom (F/DW), 3 washrooms (1 accessible), 4 allocated parking spots & plenty more on Broadway.

Extras

Business for sale only. Current Owner is prepared to stay on during a transition period as licensed manager. Bright & clean establishment with modern look. Seller is negotiable to reasonable offer. Option for rent subsidy until renewal.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Orangeville

  • Community: Orangeville

  • Availability Date: 30 Days or TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes Type: N/A

Land

  • Cross Street: Broadway & 3rd St

  • Municipality District: Orangeville

  • Lot Depth: 132 Feet

  • Lot Frontage: 50 Feet

  • Zoning: CBD

Additional Media

  • Virtual Tour: http://tours.viewpointimaging.ca/ub/188034/2-71-broadway-orangeville-on-l9w-1k1

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 1695

  • Retail Area Metric: Sq Ft

  • Hours Open: 9-9

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 4

  • Financial Statement: Y

  • LLBO: N

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