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$39,990
For saleJust listed

#AM4 15 Martin Street, Milton (OM Old Milton) - Business for Sale

#AM4 15 Martin Street, Milton (OM Old Milton), Ontario, L9T2R1

1,175 ft²Listed 4 days ago
Overview

This business in Milton is for sale offering roughly 1,175 sq ft of space. It has been on the market 4 days, fresher than the Milton average of 62 days.

Description

An outstanding opportunity to acquire a thriving, well-established jewelry business in the heart of downtown Milton, with easy access to Hwy 401. This business is a trusted name in the community, known for its legacy of quality, craftsmanship, and exceptional customer service. Boasting high visibility and steady foot traffic in one of Milton's busiest retail areas, surrounded by a high-density neighbourhood, this turnkey operation is fully equipped with an elegant showroom, decent size vault, track lighting, shelving, custom cabinetry with display counters, two washrooms, a kitchen, and a shield-protected gate with access control. Ideal for an investor, established jeweler, a second location, or an entrepreneur looking to step into a profitable and reputable business. Excellent lease terms in place, expiring August 2028 with an option to renew for an additional five years. Current use is the retail sale of silver and gold jewellery with and without gemstones and the retail sale of wrist watches. Not allowed to buy gold from the public and/or exchange it. Other retail can be used, not permitted variety, sale of health and beauty aids, pharmacy, drug store, pharmaceutical dispensary, pizza, coffee sale, hairdresser. (id:66096)

Property Details

MLS®
W14135814
Property Type
Business
Business Type
Retail and Wholesale
Zoning
CBD-A
Interior Size
1,175 ft²
Heating
Forced air
Cooling
Fully air conditioned
Listed
4 days ago

Features

Appliances
Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
4d
Milton (OM Old Milton) listings, avg age
62d
Price / ft²
$34
List price
$40K

Just listed: 4 days on market, against an average age of 62 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.

Haho

This business in Milton (OM Old Milton) has been listed for 4 days, which is 58 days fresher than the city average of 62. Act while there is still low competition.

Listed by Best Sellers Realty Inc. · Waleed Abdel Maguid

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9T)

This home lists at $39,990, about 0.3× the local median household income of $126,000.

Carrying it typically needs a household income of about $7,811 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$126,000
Population
110,956
Median age
36.4
Owner / renter
83% / 17%
Avg. household size
3.3

Source: Statistics Canada, 2021 Census (FSA L9T)

$39,990· $34/ft²
For sale

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Financing

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$39,990

Milton

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