434 Lake Street, St. Catharines, ON L2N 4H4

$550,000

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List Price
$550,000
MLS#
X12897416
Status
ACTIVE
Type
Commercial
SubType
Sale Of Business
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
443 - Lakeport
Subdivision
Lake St/Linwell Rd

Property Description

Great opportunity for Good Income and High Volume Convenience Store Combined with 2 Shop in Shop: 1) Fast food "SanaGril l(Shawarma)" and 2) Ice Cream Parlor "Frost and Rollz Ice Cream"(Seasonal), High Volume Convenience Store, Weekly Sales:$15,000-$20,000 + Shawarma Sales: $500-$700/W, +Ice Cream Sales: $20,000/Y, Other income: 1) Lotto Commission: $4,000/M, 2) ATM: $700/M, 3) BTC Rebates: $370/M, 4) UPS/PUDo $500/M, Tobacco Portion: 30% (w/8% CigarSales), N.O.I: $270,000-$290,000, Gross Rent: $6,123(W/TMI), Space: 2,885 Sq Ft, Lease Term: 2.5+ 2x5, 3 Schools Nearby. very Busy Shopping Plaza w/Ample Parking. More Detailed FS information can be provided to serious buyer(s).

Additional Information

Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Garage Type
Outside/Surface

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..