195 Dundas Street W, Quinte West, ON K8V 3R3

Quinte West K8V 3R3 Ontario

MLS: X12284647

$1,408,800

Added 56 days ago | For Sale

Listed by: HOMELIFE LANDMARK REALTY INC.

About Property

Exceptional Business & Property Opportunity! Rare offering of a high-volume, well-established convenience store with over 12 years of successful operation under the same owner. Located on a prime high-traffic corner lot with excellent exposure and loyal walk-in clientele, this free-standing property includes a spacious 3,000+ sq. ft. retail space on the main level and a separate entrance to a 3-bedroom + den residential unit above. Upper level 3 bedroom APT offers excellent rental potential, with market rents estimated at $2,400/m for additional income. The store features low cigarette sales (30%) with high-margin product lines, and the potential to significantly increase profit by extending store hours. The site offers a huge customer parking lot, dedicated outdoor garage, and 3 additional storage in the store. Approval is anticipated for beer and wine sales, further enhancing revenue streams. Outstanding opportunity for expansion - The spacious layout allows for the potential to divide the space with partitions to create additional shops or lease out portions of the premises for complementary businesses such as a Vape shop, Bitcoin ATM, or other specialty services, generating additional rental income. Complete financial statements and records are available for verification after a conditional offer has been accepted. Property will be sold in its current "As-Is" condition.

Features

  • House Style:Sale Of Business
  • Bathrooms:2
  • Land Size: 66 X 132
  • Water:Municipal
  • Garage Spaces: /In/Out
  • Driveway:
  • Heating Fuel:
  • Cross Street:Hwy 2 & Lorne Ave
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $6184
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12284647

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