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195 Dundas Street W Quinte West, Ontario K8V 3R3

2 Bathroom 5593 sqft
Fully Air Conditioned Forced Air

$1,408,800

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)

Business

BusinessType Retail and Wholesale
BusinessSubType Convenience store
Name Korner Store

Property Details

MLS® Number X12284647
Property Type Business
Community Name Trenton Ward
AmenitiesNearBy Highway

Building

BathroomTotal 2
Age 51 To 99 Years
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 5593 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Highway
SizeDepth 132 Ft
SizeFrontage 66 Ft
SizeIrregular 66 X 132 Ft
SizeTotalText 66 X 132 Ft
ZoningDescription C1
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