HOMELIFE/DIAMONDS REALTY INC.

$159,000

62 KING STREET, Norfolk, Ontario

Property

MLS® Number: X12349990

Address: 62 KING STREET

City: Norfolk

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy downtown area, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. A spacious unfinished basement provides even more potential for expansion. Current average weekly sales are approximately $10,000 (with about 30% from cigarettes), plus lottery commissions of $3,000/month. Operating costs are low, with hydro averaging $600/month. A brand-new 5+5 year lease is in place at $3,000/month net-net rent. The business currently operates limited hours (8 AM 8 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity in a charming town, offering growth potential and a solid foundation. (id:52316)

Property Sale History

Travel and Neighbourhood

Very Walkable

Location

Ry Weichel
Ry Weichel

REALTOR® Salesperson

RE/MAX Niagara Realty Ltd, Brokerage

Contact Ry Weichel