Price: $650,000

288 Ontario Street, Sarnia, ON N7T 1L7

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.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

9634 Square Feet

List Price

$650,000

Gross Income

N/A

Annual Taxes

$7,000

Tax year

2024

Business Type

Convenience/Variety

Years in Business

N/A

Location

Sarnia, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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