N3 - 1700 Simcoe Street N, Oshawa, Ontario L1G 8A5

Listed for:
$229,000
0 beds
0 baths
Listed 39 days ago
N3 - 1700 Simcoe Street N, Oshawa, Ontario L1G 8A5

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Learn more about this property
Listing provided by:
SAVE MAX REAL ESTATE INC.
MLS® number:
E12457452
Agent:
Raman Dua
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About

Simcoe St N/Niagara Dr Discover a well-established grocery store FoodCo Supermarket & Halal Meat with approximately 450-500k spent on lease hold improvements , ideally located directly beneath a student residence housing over 800 students guaranteeing consistent daily traffic. The store benefits from its prime position near Durham College, Ontario Tech University, and within a rapidly growing residential community with several new developments underway.This business enjoys strong monthly sales with significant potential for further growth through targeted marketing and product expansion. The rent is $4,981.94/month (including TMI & HST) and covers all utilities and maintenance, plus six reserved parking spots. A secure lease runs until 2032 with 5 + 5-year renewal options, providing long-term operational stability. With its unbeatable location, built-in student clientele, and established community presence, this is an excellent opportunity for investors or operators seeking a profitable and future-ready grocery and halal meat business. (id:27476)

Property Highlights

MLS® Number
E12457452
Type
Business
Community Name
Samac

Building

Square Footage
1687 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

Street Spotlight - For sale