$ 165.000

174 The Queensway, Georgina

  • Type: Commercial
  • Added: 23 days ago
  • Updated: 22 days ago
  • Last Checked: 2 hours ago
For Sale, great opportunity to purchase 5 Corners General Store , located in a high traffic area .Items included with sale of business: Two 4-door walk-in coolers, 2 door pop fridge, 12 tub ice cream freezer, novelty ice cream freezer, small novelty ice cream freezer, chest freezer, 6'x10' outdoor storage bin, 3 four seat outdoor tables, firewood outdoor storage bins, 7 picnic tables in green space, antique lawn art work, green tobacco storage unit, granite counter top, and cabinets in ice cream area , all inventory owned by sellers est. $3k value. 2 bdrm apt equipment included are fridge, stove, washer, dryer, large window unit AC. Equipment and items NOT included with sale of business but available with contract update to vendors. 5 corners general store equipment and items not included with sale of business are negotiable! Truck, antique cash register, antique table, antique baking cabinet, antique cigarette machine, antique cast iron tub, all active lottery tickets to be purchased from seller at face value. Exterior upgrades 2022, new flooring 2022, lightening upgrade May 2024, 17 parking spots. 2 bdrm apt upgraded 2022 , occupied till dec 2025 $1800/ month all inclusive, tenant is also fully trained store employee,(labor wages deducted from monthly rent). 700 sq ft rental space (upgraded 2024, occupied till dec 2025 $2000 per mth plus 30% of utilities). Current lease till April 2026 for the 2000 sqft is 5028 all in. Landlord willing to work new lease for 5+5 with new business owners. Lottery commissions: $ 1000-$1400 per mth, FedEx drop off commission: $120-$150 per mth, Eyeshot media commission's $75-$120 per mth, Implementing alcohol and tobacco sales increase of $8k- 10k per mth. (id:1945)

Property DetailsKey information about 174 The Queensway

  • Heating: Forced air, Natural gas
  • Type: General Store
  • Square Footage: 2000 sq ft
  • Apartment Size: 2 bdrm
  • Rental Space Size: 700 sq ft
  • Parking Spots: 17
  • Current Lease End Date: April 2026

Interior FeaturesDiscover the interior design and amenities

  • Apartment Equipment: fridge, stove, washer, dryer, large window unit AC
  • Store Equipment Included: antique cash register, antique table, antique baking cabinet, antique cigarette machine, antique cast iron tub
  • Other Store Equipment: Two door walk-in coolers, 2 door pop fridge, 12 tub ice cream freezer, novelty ice cream freezer, small novelty ice cream freezer, chest freezer, granite counter top, cabinets in ice cream area
  • Inventory Value: $3000
  • Flooring Upgrade Year: 2022
  • Lightning Upgrade Year: 2024

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 174 The Queensway

  • Water Source: Municipal water
  • Lot Size Dimensions: 162.85 x 47.02 FT ; 110 north 150.1 rear
  • Storage Bins: 6'x10' outdoor storage bin, firewood outdoor storage bins, green tobacco storage unit
  • Outdoor Seating: 3 four seat outdoor tables, 7 picnic tables in green space
  • Antique Lawn Art: office truck

Location & CommunityUnderstand the neighborhood and community

  • Directions: The Queensway & Morton
  • Area: High traffic area
  • Tenant Occupancy Until: Dec 2025
  • Rental Space Occupancy Until: Dec 2025

Business & Leasing InformationCheck business and leasing options available at 174 The Queensway

  • Business Type: Retail and Wholesale
  • Current Monthly Rent Income: Apartment: $1800, Rental Space: $2000 plus 30% of utilities
  • Lottery Commissions: $1000-$1400 per month
  • Fed Ex Drop Off Commission: $120-$150 per month
  • Eyeshot Media Commissions: $75-$120 per month
  • Projected Alcohol And Tobacco Sales Increase: $8,000-$10,000 per month

Property Management & AssociationFind out management and association details

  • Landlord Lease Terms: Willing to work new lease for 5+5 with new business owners

Tax & Legal InformationGet tax and legal details applicable to 174 The Queensway

  • Tax Annual Amount: 8500
  • Zoning Description: C2
  • Active Lottery Tickets: To be purchased from seller at face value

Additional FeaturesExplore extra features and benefits

  • Equipment Not Included But Available: Contract update to vendors.
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More Details?
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  • MICHELLE TIMOSKI-D'AMICO
  • ROYAL LEPAGE YOUR COMMUNITY REALTY
  • 905-727-3154

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