haho.ca
$1,898,000
For sale

25 Main Street West, Elizabethtown-Kitley - Business for Sale

25 Main Street West, Elizabethtown-Kitley, Ontario, K0E1M0

2 baths12 parkingListed 306 days ago
Overview

This business in Elizabethtown-Kitley is for sale.

Description

Business with property for sale in the Village of Lyn, Ontario, offered for sale as a corporation, including the land, building, and operating company, conveniently located between Brockville and Mallorytown. The property is home to an established convenience retail operation offering a wide range of products and services, including freshly-made pizza, hot food, subs, burgers, poutine, baked goods, coffee, ice cream, seasonal frozen treats, lottery, propane exchange, firewood, ice, and more. The business holds AGCO approvals for beer, wine, and ready-to-drink beverages, as well as OLG authorization, with license transfers subject to CPIC approval. A dedicated Burger and Fry operation is integrated into the rear of the building for year-round use, improving operational flow and simplifying staffing. The building also includes climate-controlled indoor storage units and office space, providing diversified income sources beyond the core retail business. The property has been designed to allow multiple components to operate independently, with separate electrical panels and fire-rated separations between uses, offering flexibility to maintain a single integrated business or divide the operation into separate enterprises, subject to approvals. The main floor layout is efficient and purpose-built, with a large commercial retail area, a kitchen and food preparation spaces, a cooler, storage rooms, a washroom, and service areas. Floor plans and a schedule of chattels are available. Financial information will be made available to qualified buyers during the initial period following acceptance of an offer, subject to standard conditions. (id:66096)

Property Details

MLS®
X12655510
Property Type
Business
Business Type
Retail and Wholesale
Zoning
CG
Bathrooms
2
Parking
12
Frontage
72 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$12,722.65/yr
Listed
306 days ago

Features

Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
306d
Elizabethtown-Kitley listings, avg age
90d
List price
$1.90M

Long Listed: 306 days on market, against an average age of 90 days across the listings currently for sale in this city

Haho

This business in Elizabethtown-Kitley is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by CENTURY 21 LANTHORN REAL ESTATE LTD., BROKERAGE · BILL STEVENSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0E)

This home lists at $1,898,000, about 22.9× the local median household income of $83,000.

Carrying it typically needs a household income of about $370,746 (20% down, 25-yr amortization, stress-tested) — roughly 347% above the area median.

Median household income
$83,000
Population
39,649
Median age
49.6
Owner / renter
84% / 16%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA K0E)

$1,898,000
For sale

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Financing

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$1,898,000

Elizabethtown-Kitley

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