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37a - 1530 Albion Road Toronto, Ontario M9V 1B4

979 sqft
Fully Air Conditioned Forced Air

$224,900

Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,800 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations. (id:60365)

Business

BusinessType Retail and Wholesale
BusinessSubType Convenience store

Property Details

MLS® Number W12435385
Property Type Business
Community Name Mount Olive-Silverstone-Jamestown

Building

CoolingType Fully Air Conditioned
HeatingFuel Electric
HeatingType Forced Air
SizeInterior 979 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 50 Ft
SizeFrontage 20 Ft
SizeIrregular 20 X 50 Ft
SizeTotalText 20 X 50 Ft
ZoningDescription Commercial

https://www.realtor.ca/real-estate/28931200/37a-1530-albion-road-toronto-mount-olive-silverstone-jamestown-mount-olive-silverstone-jamestown

Amandeep Singh Phul
Broker


RE/MAX Premier Inc.
1885 Wilson Ave Ste 200a
Toronto, Ontario M9M 1A2

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