N3 - 1700 Simcoe Street N Oshawa, Ontario L1G 8A5

$229,000

Discover a well-established grocery store FoodCo Supermarket & Halal Meat with approximately 450-500k spent on lease hold improvements , ideally located directly beneath a student residence housing over 800 students guaranteeing consistent daily traffic. The store benefits from its prime position near Durham College, Ontario Tech University, and within a rapidly growing residential community with several new developments underway.This business enjoys strong monthly sales with significant potential for further growth through targeted marketing and product expansion. The rent is $4,981.94/month (including TMI & HST) and covers all utilities and maintenance, plus six reserved parking spots. A secure lease runs until 2032 with 5 + 5-year renewal options, providing long-term operational stability. With its unbeatable location, built-in student clientele, and established community presence, this is an excellent opportunity for investors or operators seeking a profitable and future-ready grocery and halal meat business. (id:60365)

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https://www.realtor.ca/real-estate/28978901/n3-1700-simcoe-street-n-oshawa-samac-samac