240 Furnival Road, West Elgin | Image 1

240 Furnival Road

West Elgin, Rodney

  • Commercial

$438,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: C1

  • Age: 100+ years

  • Taxes: 2105

  • MLS®#: X9392282

  • Added: Oct 11, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: HOMELIFE LANDMARK REALTY INC.

A fantastic opportunity to own your own business along with the property!!! This well-established and comfortable store enjoys steady sales and income, well-known to locals and the surrounding cottage/vacation community. The upper space can be utilized for either storage or a residential unit. No Basement.4 AC (3 unit-AC with Heater) - 2 from the previous owner (1 is about 6 years old) and 2 additional AC with Heater installed in 2023. Front door and security bars (2018), Roof (2016). The building also offers private parking with space for 6-8 vehicles behind the building. 2 separate entrances and has a lot of potential for Shop in shop (such as a Vape shop, LCBO, Bitcoin, or gift items). The current owner also operates a flower business from mid-April to May only, adding an additional seasonal revenue stream.

Extras

Ave Weekly Sale $8431, Cigarette about 60% (Margin 18%), other products about 40% margin. Lotto Comm $3100/M, Cleaning Depot $50/M. Monthly Net Income Approx. $ 10,866/month As Per Seller.

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 100+

  • Area: West Elgin

  • Community: Rodney

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • UFFI: No

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 1 (FORMERLY LT 6 CON 8), 2 (FORMERLY LT 6 CON 8) BLK B PL

  • Taxes: $2,105

  • Expenses: Est

  • Insurance Fee: 6108

  • Heat Expenses: 960

  • Other Expenses: 4824

  • Taxes Type: Annual

  • Taxes: 2105

  • Tax Year: 2023

  • Water Fees: 840

Land

  • Cross Street: Queen St & Furnival

  • Municipality District: West Elgin

  • Parcel Number: 351050203

  • Sewer: None

  • Lot Depth: 122 Feet

  • Lot Frontage: 39 Feet

  • Zoning: C1

Shipping Doors

  • Clearing Height (ft): 8

Commercial Specific

  • Rail: N

  • Retail Area: 1300

  • Retail Area Metric: Sq Ft

  • Total Area: 4768.41

  • Total Area Metric: Sq Ft

  • Hours Open: 12

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

  • Business/Building Name: Marg's Variety

  • Financial Statement: Y

  • LLBO: N

Map of 240 Furnival Road, West Elgin
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