34203 West Mill Road West, Bluewater (Bayfield) - Business for Sale
34203 West Mill Road West, Bluewater (Bayfield), Ontario, N0M1G0
This business in Bluewater is for sale offering roughly 3,000 sq ft of space. It has been on the market 53 days, fresher than the Bluewater average of 176 days.
Description
High Sales Volume Convenience Store Business For Sale. No Close Competition. Higher Than Average Industry Profit Margins. Large 3000 Sq Ft Lease Area. As A Family Run Business. Sales volume:$1.2 M Year(Cigarette & Beer 63.7% and other 36.3%,@20.34% Avg Mrgn) .Lotto Comm $40,000 year , Other Income $47,000 per year, High profit from very high sales of Fireworks year around. Lease remaining 5year +5 years option, LOW Rent $4582/Mth (Incl TMI & HST), No Competition And Potential To Increase. All Records Available For Verification After A Conditional Offer Is Accepted. There is a lot potential and seller will switch to Shell Gas Company now Processing. gas sale will increasing. Also surrounding the area two Beer store closed that will be Big sale of Beer. which is good sign for the potential buyers. Don't Miss this opportunity! The rent will increase upon the lease renewal in December. (id:66096)
Property Details
- MLS®
- X13776686
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- C4
- Interior Size
- 3,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1,649/yr
- Listed
- 53 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 53 days on market, against an average age of 176 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 72 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Bluewater (Bayfield) has been listed for 53 days, which is 123 days fresher than the city average of 176. Act while there is still low competition.
Neighbourhood profile (N0M)
This home lists at $569,000, about 6.3× the local median household income of $91,000.
Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.
- Median household income
- $91,000
- Population
- 69,177
- Median age
- 46
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N0M)
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$569,000
Bluewater