#10 361 King Avenue East, Clarington (Newcastle) - Business for Sale
#10 361 King Avenue East, Clarington (Newcastle), Ontario, L1B1H4
This business in Clarington is for sale offering roughly 1,100 sq ft of space.
Description
TURNKEY NEWCASTLE BUSINESS OPPORTUNITY! Rare opportunity to own a well-established convenience store in the heart of Newcastle, operating successfully for 15+ years with a strong reputation and consistent year-over-year revenue growth. Ideally located in a busy plaza with excellent anchor tenants and a Tim Hortons, providing strong visibility and steady customer traffic. The business offers multiple established revenue streams, including Lottery, Tobacco, ATM, Kawartha Dairy, grocery and convenience products. Sale includes all existing fixtures and equipment, making this a true turnkey opportunity for a new owner. Conveniently situated near established family neighbourhoods with a loyal local customer base. Excellent opportunity for an owner-operator or entrepreneur seeking an established business with a proven history and continued growth potential. Financial information available to qualified buyers. Don't miss this opportunity. (id:66096)
Property Details
- MLS®
- E13734178
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Interior Size
- 1,100 ft²
- Frontage
- 22 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 64 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 64 days on market, against an average age of 52 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Clarington (Newcastle) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1B)
This home lists at $189,000, about 1.9× the local median household income of $101,000.
Carrying it typically needs a household income of about $36,918 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $101,000
- Population
- 13,203
- Median age
- 46
- Owner / renter
- 89% / 11%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA L1B)
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$189,000
Clarington