$75,000
Available - For Sale
Listing ID: E13477726
1572 Queen Street East , Toronto, M4L 1E9, Toronto
| Excellent opportunity to acquire a well-established convenience store operating in a high-traffic Queen & Coxwell location for over 35 years. This turnkey business generates strong sales, offering a solid profit margin with simple day-to-day operations that a single owner-operator can manage. Attractive lease terms with low occupancy costs of approximately $3,600/month, including rent and TMI, plus a long-term lease structure of 5 years with a 5-year renewal option. The current pending lease is approximately 2.5 years with a renewal option for an additional 5 years. Strategically positioned on a prominent corner lot with excellent exposure and a new move-in-ready condominium development directly across the street, creating significant future growth potential. The "History" music venue is a short walk away, offering huge potential to increase foot traffic. The business offers further upside through extended operating hours and expanded product offerings. The premises include a basement for additional storage and one dedicated parking space. Flexible layout allows for conversion to a variety of retail or service-oriented uses, making it suitable for investors, entrepreneurs, or owner-operators seeking a prime location with strong future prospects. |
| Price | $75,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 1572 Queen Street East , Toronto, M4L 1E9, Toronto |
| Postal Code: | M4L 1E9 |
| Province/State: | Toronto |
| Legal Description: | CON 1 F B LOT 8 |
| Directions/Cross Streets: | QUEEN/COXWELL |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Convenience/Variety |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 0 |
| Employees #: | 0 |
| Seats: | 0 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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| KELLER WILLIAMS PORTFOLIO REALTY |
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Nikki Shahebrahim
Broker
Dir:
647-830-7200
Bus:
905-597-0800
Fax:
905-597-0868
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto E01 |
| Neighbourhood: | Greenwood-Coxwell |
| Fireplace: | N |
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