NewFor Sale

62 King Street
Norfolk, Norfolk, ON, N4B 1X6

Sale Of Business
TRREB
MLS® Number: X12349990
$159,000List Price
Sale Of BusinessProperty Type
3,000 sq ftSize
Convenience/VarietyBusiness Type
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Property Location

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Listing History

Buy/sell history for 62 King Street, Norfolk, ON N4B 1X6

0 Transactions by CPRB Agents

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Description

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.

Features

No features available

Amenities

No amenities available

Summary

Listing #:X12349990
Property Type:Sale Of Business
Size:3,000 sq ft
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE/DIAMONDS REALTY INC.

Rooms

Details

Property

Property Type:Sale Of Business
Community:Delhi
Municipality:Norfolk

Building

Size:3,000 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:King+Queen

$159,000

List price

62 King Street, Norfolk – Sale Of Business for sale · MLS® # X12349990 | CPRB