25 Main Street W, Elizabethtown-Kitley, Ontario K0E 1M0

Listed for:
$399,900
0 beds
0 baths
Listed 29 days ago
25 Main Street W, Elizabethtown-Kitley, Ontario K0E 1M0

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About

Cross Streets: Highway 2. ** Directions: Highway 2 to County Road 27. @7 becomes Main St. in Lyn. Established convenience store and food-service business in the Village of Lyn, Ontario, between Brockville and Mallorytown. Operating since July 2023, the business has shown consistent year-over-year sales growth and offers an excellent opportunity for an active owner-operator to continue building the operation. The business operates from efficient, purpose-built commercial space offering freshly prepared pizza and hot food, subs, burgers, poutine, baked goods, ice cream, seasonal frozen treats, groceries, snacks, lottery services, propane exchange, firewood, ice, and related retail products. The business has AGCO authorization for the sale of beer, wine, and ready-to-drink beverages, together with OLG authorization. All licences and approvals are subject to applicable transfer requirements and third-party consent. The layout includes a retail area, a commercial kitchen and food-preparation space, a cooler, storage rooms, washrooms, and service areas. They included an extensive selection of fixtures, furnishings, and equipment. The seller will calculate inventory, which is additional to the purchase price at closing. The seller is offering the business for sale without the real property. The business will operate under a new long-term triple-net commercial lease. Because the premises have separate meters, the tenant pays for the utilities that serve the leased unit. The tenant also pays their proportionate share of property taxes, building insurance, and common-area maintenance costs. A private well and septic system service the property. Detailed financial information is available to qualified purchasers upon execution of a confidentiality agreement. (id:27476)

Property Highlights

MLS® Number
X13575670
Type
Business
Community Name
811 - Elizabethtown Kitley (Old Kitley) Twp
Land Size
71.56 x 189.56 FT

Building

Square Footage
2114 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Drilled Well

Location

Learn more about this property
Listing provided by:
CENTURY 21 LANTHORN REAL ESTATE LTD., BROKERAGE
MLS® number:
X13575670
Agent:
Bill Stevenson
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