REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 180,000
Est. payment | /mo
$ 180,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Subdivision Central
MLS Listing ID E12355430
Annual Tax Amount $9,392
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Over 30 years well-established convenience store for sale! Located in a high-traffic corner on Ritson Rd S and Olive Ave with strong local demand, this business presents a fantastic opportunity for both new and experienced entrepreneurs. The store serves a prime customer base and offers products such as cigarettes, snacks, cold drinks, chocolates, candies, groceries, and lottery tickets. With strong income potential and a straightforward operation, the business is ideal for families, business owners, new immigrants, and investors. The very attractive low rent of $4,000+hst monthly) comes with a long lease. Lotto commission and ATM income, the margin on grocery items is high. The business already has a liquor license for beer and premixed drinks and has recently begun selling liquor. Sales over $75k/month include lotto sales. The landlord will allow the establishment of a vape store. Please be advised that there is currently a school in front of the property which is going to be torn down in the future, in replacement of it many residential units are going to be built 1000 residential units which will serve as a good customer base.
Location
Province ON
County Durham
Area Durham
Interior
Cooling Yes
Exterior
Lot Frontage 32.0
Lot Depth 110.44
Others
ParcelsYN No
Listed by RE/MAX METROPOLIS REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN