Exceptional Business & Property Opportunity! Rare offering of a high-volume, well-established convenience store with over 12 years of successful operation under the same owner. Located on a prime high-traffic corner lot with excellent exposure and loyal walk-in clientele, this free-standing property includes a spacious 3,000+ sq. ft. retail space on the main level and a separate entrance to a 3-bedroom + den residential unit above. Upper level 3 bedroom APT offers excellent rental potential, with market rents estimated at $2,400/m for additional income. The store features low cigarette sales (30%) with high-margin product lines, and the potential to significantly increase profit by extending store hours. The site offers a huge customer parking lot, dedicated outdoor garage, and 3 additional storage in the store. Approval is anticipated for beer and wine sales, further enhancing revenue streams. Outstanding opportunity for expansion - The spacious layout allows for the potential to divide the space with partitions to create additional shops or lease out portions of the premises for complementary businesses such as a Vape shop, Bitcoin ATM, or other specialty services, generating additional rental income. Complete financial statements and records are available for verification after a conditional offer has been accepted. Property will be sold in its current "As-Is" condition. (id:35544)
BusinessType | Retail and Wholesale |
BusinessSubType | Convenience store |
Name | Korner Store |
MLS® Number | X12284647 |
Property Type | Business |
Community Name | Trenton Ward |
AmenitiesNearBy | Highway |
BathroomTotal | 2 |
Age | 51 To 99 Years |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 5593 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway |
SizeDepth | 132 Ft |
SizeFrontage | 66 Ft |
SizeIrregular | 66 X 132 Ft |
SizeTotalText | 66 X 132 Ft |
ZoningDescription | C1 |