7663 Woodbine Street E, Niagara Falls, Ontario L2H 1C2

Listed for:
$1,389,000
0 beds
0 baths
Listed 109 days ago
7663 Woodbine Street E, Niagara Falls, Ontario L2H 1C2

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Learn more about this property
Listing provided by:
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
MLS® number:
X12304046
Agent:
Anil Shahani
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About

Cross Streets: Lee Ave. ** Directions: Woodbine to Lee Ave. Convenience Store with two Apartments, Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales growing day by day Plus Lotto commissions $ 53000 a year and Vape store sales growing with 40% returns.(Vape store alone nets $$$$ a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ 185000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone. (id:27476)

Property Highlights

MLS® Number
X12304046
Type
Retail
Community Name
213 - Ascot
Land Size
69.42 x 75 FT

Building

Square Footage
2900 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
Municipal water

Location