Description

Price : $169,000.00 MLS^® : X12264930 / 123 Peter Street, Port Hope, ON L1A 1C5

Excellent location in the multiple businesses of the commercial Plaza on the main Highway. The store has been operating successfully for over 15 years by the same owner, generating consistent annual sales of over $520,000 (excluding lottery) with a low cigarette sales ratio of only 65% with 8% profit. And, selling Beer & Wine. The store offers steady additional income of $4, 000/month from lottery commission and $600/month from the ATM, which fully covers the rent and utilities. Extra Income from Purolator, UPS & Bitcoin ATM. The low rent is highly favorable at just $2,700/month (TMI & HST included), with 3 years remaining until June 30, 2028, plus a 5-year renewal option. Easy operating and short opening hours. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct their own due diligence.

Location Description

Peter St / Hope St South

Property Details

• Community: Port Hope
• Property Type: Owner/Commercial
• Garages: Plaza
• Annual Property Taxes : $ 0

Building Features

• Parking Type : Plaza

Features

• Heating : Gas Forced Air Closed
• Sewer : Sanitary+Storm ,

Land (Lot Features)

• Frontage: 11 sq.ft
• Land Depth: 93sq.ft

Listing Contracted With: KW Living Realty