238 Wellington Street West, Sault Ste Marie | Image 1

238 Wellington Street West

Sault Ste Marie

  • Commercial

$499,000
For Sale

Added 2 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: Retail Commercia

  • Age: No Data

  • Taxes: 1

  • MLS®#: X8276806

  • Days on Site: 3 Days

  • Added: Apr 26, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX GOLD REALTY INC.

Very profitable business in a quite and beautiful city from last 75 years. One hour flight from Toronto. Need Working partner who can live in Sault Ste Marie. Owner is absent since the business bought. Sale was 5 Million but dropped to 4 Million which can be fixed easily. Business sell hot food like Fried chicken and pizza, Good range of grocery, good range of meat. We also deliver meat and produce to local restaurants. Was franchise with Sobeys before and Can be franchised with Sobeys or Loblaw. Over 60 Car parking. Elevator for basement storage. Outside cooler storage as well. Big Cooler and freezer in the basement. Big chances to grow business since city is expected to grow very well because Mining contracts are on the way. Listing agent is also Real estate Broker in Mississauga.

Extras

5 Years Lease with Option To Renew. Lease 5 Yr (2024) + 5 Option. Attractive lease Renewal Option. Come Take a look but don't mention to Employees

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Sault Ste Marie

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: Freight

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2023

  • Taxes: $1

  • Taxes Type: Annual

Land

  • Cross Street: Wellington St W/Carm

  • Municipality District: Sault Ste Marie

  • Sewer: San+Storm Avail

  • Zoning: Retail Commercia

Shipping Doors

  • Clearing Height (ft): 15

Commercial Specific

  • Number of Employees: 25

  • Shipping Doors Drive In Level: 1

  • Shipping Doors Grade Level: 1

  • Shipping Doors Double Man: 1

  • Shipping Doors Truck Level: 1

  • Rail: N

  • Retail Area: 8000

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Terms: 120

  • Total Area: 30593

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 60

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: Y

Map of 238 Wellington Street West, Sault Ste Marie
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