346 Main Street North, Markham (Old Markham Village) - Business for Sale
346 Main Street North, Markham (Old Markham Village), Ontario, L3P1Z1
This business in Markham is for sale. It has been on the market 81 days, fresher than the Markham average of 105 days.
Description
RARE BUSINESS OPPORTUNITY! Well-established dry cleaning business operating in the same community for approximately 22 years. Located in a busy, high-traffic location with a loyal base of repeat customers. Features a dedicated passport photo studio in the back room, providing an additional source of income. All existing chattels and equipment are included. Low overhead with excellent potential to grow by adding services and marketing. Monthly rent is approximately $2,500 + HST, with 5 + 10 year lease renewal options available. Ideal for an owner-operator or family business. Turnkey operation - owner retiring after 22 years. (id:66096)
Property Details
- MLS®
- N13680612
- Property Type
- Business
- Business Type
- Service
- Zoning
- Mixed-Use
- Lot Size
- 90 × 163 ft (14,605 sq ft)
- Frontage
- 90 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 81 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 81 days on market, against an average age of 105 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 32 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 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Markham (Old Markham Village) has been listed for 81 days, which is 24 days fresher than the city average of 105. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3P)
This home lists at $49,000, about 0.4× the local median household income of $115,000.
Carrying it typically needs a household income of about $9,571 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $115,000
- Population
- 37,336
- Median age
- 47.2
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L3P)
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$49,000
Markham