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$ 650,000
Est. payment /mo
New
288 Ontario ST Sarnia, ON N7T 1L7
9,634 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 9,634 sqft
Price per Sqft $67
Subdivision Sarnia
MLS Listing ID X12205418
Annual Tax Amount $7,000
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
The current owner is selling the business and property, which have been operated with care and dedication for the past 23 years. Ideally located on Ontario Street a high-traffic area with strong community activity this commercial property sits across from a park and alongside a baseball field, offering excellent exposure and foot traffic. With a spacious 2,100 sq. ft. retail area, the property has tremendous potential for a new owner to expand into various new business categories. Recommended additions include a vape shop, scoop ice cream, and beer & wine sales, all of which could significantly increase revenue. Although the current owner holds a liquor license, liquor is not currently being sold due to the owner's health reasons. The sale is part of the owners retirement plan. The store features an 11-door walk-in cooler and currently sells cigarettes, beverages, confectionery, and lottery products. These versatile uses of commercial property are suitable for a wide range of business types, and the seller is open to discussing opportunities with buyers considering various concepts. The property also features a spacious 3-bedroom apartment, making it an incredibly attractive opportunity that offers both a place to live and run a business at a very appealing price. Don't miss this great opportunity! It is a highly visible commercial property with great potential, offering a wide range of permitted uses. Lot size: 9,633.69 ft (0.221 ac), 2100 ft of Retail Store and 1410 ft of 3-bedroom APT attached.
Location
State ON
County Lambton
Community Sarnia
Area Lambton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 100.0
Others
Security Features No
Listed by KW Living Realty