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7663 Woodbine Street E Niagara Falls, Ontario L2H 1C2

1200 sqft
Fully Air Conditioned Other

$1,389,000

Convenience Store with two Apartments, Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales at $ 12000 a week(Grocery) Plus Lotto commissions $ 53000 a year and Vape store sales touching 800-900 a day with 40% returns.(Vape store alone nets $ 8000 a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ $ 175000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone. (id:60365)

Business

BusinessType Retail and Wholesale
BusinessSubType Retail misc.
Name Leo's Grocery

Property Details

MLS® Number X12304046
Property Type Retail
Community Name 213 - Ascot

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 1200 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 75 Ft
SizeFrontage 69 Ft ,5 In
SizeIrregular 69.42 X 75 Ft
SizeTotalText 69.42 X 75 Ft
ZoningDescription Commercial

https://www.realtor.ca/real-estate/28646638/7663-woodbine-street-e-niagara-falls-ascot-213-ascot

Anil Shahani
Salesperson


Homelife Superstars Real Estate Limited
102-23 Westmore Drive
Toronto, Ontario M9V 3Y7

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