1700 Simcoe N Street N3, Oshawa (Samac), ON L1G8A5
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Listing Type
Commercial/Industrial
Listing Status
active
32
$229,000
Home Details for 1700 Simcoe N Street N3
Price
$229,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
27
Listing #
E12457452
Property Description
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:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Listing Courtesy: SAVE MAX REAL ESTATE INC.
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Market statistics compiled from data from Canadian Real Estate Association.