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$229,000
Available - For Sale
Listing ID: E12457452
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.
Price $229,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 1700 Simcoe Stre North , Oshawa, L1G 8A5, Durham
Postal Code: L1G 8A5
Province/State: Durham
Directions/Cross Streets: Simcoe St N/Niagara Dr
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Grocery/Supermarket
Building Percentage: F
Total Area: 1,687
Total Area Code:  Square Feet
Retail Area Code: %
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 11.00 A
Employees #: 2
Seats: 0
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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SAVE MAX REAL ESTATE INC.

1700 Simcoe Stre North , Oshawa, L1G 8A5, Durham

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Durham
Municipality: Oshawa
Neighbourhood: Samac
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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