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Home ON St. Catharines - Niagara Welland Cordage
58 SOUTHWORTH STREET N
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58 SOUTHWORTH STREET N $1,049,900
$1,049,900
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58 SOUTHWORTH STREET N
Welland (Lincoln/Crowland), Ontario L3B1Y4

MLS® Number: X12180569

Listing Description

***Building & Business for Sale Prime Corner Lot with Multiple Income Streams*** Fantastic opportunity to own a well-established, multi-business property on a high-traffic corner lot with plenty of parking. This turnkey operation includes FOUR well established businesses under one roof: a convenience store, garden centre, deli/takeout, and a renovated 3-bedroom apartment on the second floor. There is also an incredible opportunity to add a coffee stop or an ice cream parlor by an ambitious operator ready to take over the reigns. Recently licensed for alcohol sales, the business has seen a clear increase in revenue across all segments. Average weekly sales are roughly $20K (excl. HST), with $4,400/month in lottery commissions and $500/month from ATM. The apartment is currently owner-occupied, offering added rental income potential if the new owner wishes to lease it out. After 12 successful years, the current owners are ready to retire. This business is Ideal for investors or owner-operators seeking a profitable, diversified opportunity with growth potential. A rare chance to own a high-margin, multi-stream business with real estate included. This one won't last. Book your private visit today! (40563667)

Location Description

Southworth+Lincoln

Property Summary

Property Type
Business
Community Name
773 - Lincoln/Crowland
Land Size
40.89 x 100.25 FT
Annual Property Taxes
$8,157.72
Time on REALTOR.ca
29 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Convenience store)

Measurements

Square Footage
4112 sqft

Land

Lot Features
Frontage
40 ft ,10 in
Land Depth
100 ft ,3 in
Other Property Information
Zoning Description
RL1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
RAYMOND YONG