2370 Eagle Lake Rd - Convenience Store FOR SALE


South River, ON P0A 1X0
$3,000,000 CAD
705-358-6459
2370 Eagle Lake Rd, South River, ON for Sale
$3,000,000 CAD
Convenience Store - FOR SALE
1/1
null | Request Cap Rate

2370 Eagle Lake Rd
South River, ON P0A 1X0


HIGHLIGHTS

  • Commercial/residential zoning

OVERVIEW

fred.disomma@gmail..com Asking Price:$3,000,000 Gross Revenue:$800,000 Real Estate:$2,000,000 Cash Flow:$200,000 Inventory:$145,000 BUSINESS DESCRIPTION Charming Store in the Heart of the Community Do you love beachside living? Do you want to be an integral part of a thriving community? Do you want to put your stamp on a successful, established business and take it to even higher heights? Two and a half hours from Toronto the iconic, profitable General Store is for sale. This multifaceted General Store with an unbranded fuel station, Ontario Lottery and gaming license, summer and winter recreational rentals, approximately 60 years of history and features a renovated building, house with new finished basement, renovated garage, 120' of new docks, equipment, septic and well. This long standing profitable business had 2020 fiscal year end revenues of $475,000, and $580,000 in 2021, $700,000 in 2022 and approximately $800,000 for 2023. Situated on a wonderful piece of commercial real estate, it is the heart of the community. It also offers the best of rural, beachside, community living, with a new one bedroom apartment in the home as an owner/operator residence or rental opportunity.

FOR SALE DETAILS

PRICE

$3,000,000 CAD

PRICE/SF

$1,000 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Eagle Lake Narrows Country Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

CR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Fred DiSommaEagle Lake Narrows Country StoreMore Info
705-358-6459

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Fred DiSommaEagle Lake Narrows Country StoreMore Info
705-358-6459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.