152 Park Rd South
Oshawa, L1J 4H2
FOR SALE
$158,000

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Sale Of Business
CATEGORY1,500 Sq Ft
OFFICE/APT AREAE13071608
MLSIDContact Us
Property Description
Excellent opportunity to acquire a neighborhood retail business located in a mature residential area with a stable customer base. The property features a mixed-use layout with a residential apartment on the upper level and a retail store on the main floor. Upper unit approximately 2,000 sq. ft with 4 bedrooms, kitchen and 3 washrooms, currently rented at $2,700/month. Main floor retail space approximately 1,500 sq. ft with rent of $3,500/month (including TMI & HST). Lease term remaining approximately 3.5 years with a 5-year renewal option. Business generates approximately $36,000 in monthly sales, plus additional income from lottery and ATM of approximately $850/month. Historically operated by staff. Seller advises prior net income of approximately $9,000/month; buyer to verify. Please note that certain regulated product sales are not currently in operation. Opportunity exists for a qualified buyer to re-establish product lines, subject to required approvals and licensing. Flexible use with option for owner occupancy or continued rental of the residential unit. Financial information provided by seller; buyer to verify.
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Property Details
Address
152 Park Rd South
Community
City
Postal Code
L1J 4H2
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Commercial/Residential
Lot Size
100' x 71'
Office Area
1,500 Sq Ft
Retail Area
1,500 Sq Ft
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
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Listing contracted with Real One Realty Inc.
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