7663 WOODBINE STREET E Active

Niagara Falls (ascot),ON L2H1C2

$ 1389000

- Bed

- Bath

2900 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $478

Subdivision 213 - Ascot

MLS Listing ID X12304046

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

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