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$ 169,000
Est. payment /mo
Pending
123 Peter ST Port Hope, ON L1A 1C5
1,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $169
Subdivision Port Hope
MLS Listing ID X12264930
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Excellent location in the multiple businesses of the commercial Plaza on the main Highway. The store has been operating successfully for over 15 years by the same owner, generating consistent annual sales of over $520,000 (excluding lottery) with a low cigarette sales ratio of only 65% with 8% profit. And, selling Beer & Wine. The store offers steady additional income of $4, 000/month from lottery commission and $600/month from the ATM, which fully covers the rent and utilities. Extra Income from Purolator, UPS & Bitcoin ATM. The low rent is highly favorable at just $2,700/month (TMI & HST included), with 3 years remaining until June 30, 2028, plus a 5-year renewal option. Easy operating and short opening hours. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct their own due diligence.
Location
State ON
County Northumberland
Community Port Hope
Area Northumberland
Zoning Commercial
Interior
Cooling Yes
Inclusions See the Schedule "C".
Exterior
Utilities Available Yes
Lot Frontage 11.0
Lot Depth 93.0
Others
Security Features No
Listed by KW Living Realty