988 St Clair Avenue W, Toronto, ON M6E 1A2

$49,000

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Property Description

Exceptional turnkey business opportunity in the heart of Oakwood Village! Well-established business operating as a Convenience Store, Vape Shop, Dry Cleaning Depot and Ice Cream Shop with multiple revenue streams, including strong lottery commissions. Easy-to-manage operation suitable for an owner-operator or investor. Prime corner location at St. Clair Ave. W. & Glenholme Ave. offering excellent visibility, high pedestrian and vehicle traffic, and a loyal customer base. Surrounded by residential neighbourhoods, schools, offices, banks and parks. Rent is $5,200/month including TMI. Bonus: a separate bedroom residential unit is currently rented for $1900/month, providing additional rental income. Approximately 4 years remain on the current lease, plus two renewal options of 4 years and 5 years. Business may be converted to other retail or service uses, subject to landlord approval. Excellent opportunity with significant potential to grow sales by expanding products and services.

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Listing courtesy of THE CANADIAN HOME REALTY INC..