1,687 ft2
Fully Air Conditioned
Forced Air
$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:50976)
Business
|
Business Type
|
Food Services and Beverage |
|
Business Sub Type
|
Grocery |
Property Details
|
MLS® Number
|
E12457452 |
|
Property Type
|
Business |
|
Community Name
|
Samac |
Building
|
Appliances
|
Freezer |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,687 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Zoning Description
|
Mu-b(1) |
https://www.realtor.ca/real-estate/28978901/n3-1700-simcoe-street-n-oshawa-samac-samac
