8 - 383 Elgin Street N, Cambridge, Ontario N1R 8C1

Listed for:
$1
0 beds
1 baths
Listed 9 days ago
8 - 383 Elgin Street N, Cambridge, Ontario N1R 8C1

View all 1 photos

Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X12510334
Agent:
Nathan Loganathan
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

About

Elgin - Cross Street Avenue Road Turnkey Caribbean/West Indian Business! Here is your opportunity to acquire a well-established Caribbean supermarket located in a bustling retail plaza with excellent visibility and steady daily traffic. This turnkey operation has built a strong reputation and loyal following among local residents, nearby businesses, and repeat customers from surrounding communities. The store occupies approximately 1,830 sq. ft. of leased space with an all-inclusive rent of $3,275 per month (HST included), offering low overhead and a lean staffing model that supports consistent cash flow. The current product mix features Caribbean and West Indian groceries, fresh meats, fish, poultry, and specialty cultural goods, with room to expand into Indian offerings and other complementary categories. Growth potential includes alcohol licensing (subject to approval), bakery integration through an existing brand relationship, meat and fish processing, courier drop-off services, and U-Haul rentals. The premises also provide flexibility for future upgrades, including a commercial kitchen (pending zoning approval and buyer verification), and include a large storage room suitable for a walk-in cooler or oven, a washroom with shower, and ample plaza parking. The sale includes all fixtures, equipment, goodwill, supplier and vendor accounts, as well as intellectual property and digital assets such as social media profiles and delivery service accounts with Uber Eats and SkipTheDishes. The seller is prepared to assist with training and transition, and financials are available upon request. Buyers are responsible for verifying zoning, licensing, and operational requirements. Please do not visit the business directly; all showings are strictly by appointment. This is a rare chance to step into a thriving, in-demand supermarket with strong community roots and significant room for growth. (id:27476)

Property Highlights

MLS® Number
X12510334
Type
Business
Land Size
Unit=360 x 232 FT

Building

Bathrooms Total
1
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location