210 Mohawk Road, Hamilton (Greeningdon) - Business for Sale
210 Mohawk Road, Hamilton (Greeningdon), Ontario, L9A2H6
This business in Hamilton is for sale offering roughly 4,200 sq ft of space.
Description
Independent convenience store with Hasty Market licensing agreement, established location for over 20 years with sales of $1,000,000 a year + 6/49 Lottery commission of over $70k a year + other income of $10k a year. Open 7 am - 11 pm. Easy one person operation. Cigarette & Tobacco sales only 30% of revenue + Beer & Wine sales over $280,000 a year & growing with high margins. Lease 3+5. Gross rent including TMI 11,300/month. Seller's discretionary income potential $150-200k/year. Potential to increase sales with a 24hrs operation and additional expansion of Beer & Wine section, and a vape store. (id:66096)
Property Details
- MLS®
- X13098408
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial - Retail
- Interior Size
- 4,200 ft²
- Frontage
- 253 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $12/yr
- Listed
- 181 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 181 days on market, against an average age of 85 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L9A)
This home lists at $399,000, about 4.9× the local median household income of $81,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 25,899
- Median age
- 40.4
- Owner / renter
- 66% / 34%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L9A)
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$399,000
Hamilton