123 Peter Street, Port Hope, ON Image 1

$169,000

Sale Of Business For Sale
MLS - #X12264930
5 days ago- By KW Living Realty

123 Peter Street, Port Hope, ON L1A 1C5

Bed
Bath
1000 Sqft.
Plaza Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

1000 Sqft

About 123 Peter Street

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.

Home Overview

Last updated

5 days ago

Virtual tour

None

Basement information

Building size

1000

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
16900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 123 Peter Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Peter Street

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