HOMELIFE SUPERSTARS REAL ESTATE LIMITED

$1,389,000

7663 WOODBINE STREET E, Niagara Falls, Ontario

Property

MLS® Number: X12304046

Address: 7663 WOODBINE STREET E

City: Niagara Falls

Utilities

Central Air: Yes

Heating: Other/Unknown

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. (id:52316)

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Wesley Schilstra
Wesley Schilstra

REALTOR® Broker

RE/MAX Escarpment

Contact Wesley Schilstra