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$ 1,389,000
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7663 Woodbine ST E Niagara Falls, ON L2H 1C2
1,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $1,157
Subdivision 213 - Ascot
MLS Listing ID X12304046
Annual Tax Amount $6,285
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Convenience Store with two Apartments, Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales at $ 12000 a week(Grocery) Plus Lotto commissions $ 53000 a year and Vape store sales touching 800-900 a day with 40% returns.(Vape store alone nets $ 8000 a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ $ 175000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone.
Location
Province ON
County Niagara
Community 213 - Ascot
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 69.42
Lot Depth 75.0
Others
Security Features Partial
Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED