33 Colborne Street South, Norfolk (Simcoe) - Business for Sale
33 Colborne Street South, Norfolk (Simcoe), Ontario, N3Y4H2
This business in Norfolk is for sale. It has been on the market 47 days, fresher than the Norfolk average of 69 days.
Description
Finally! This Is The Opportunity For You To Be Your Own Boss And Become Part Of A Well-Established New Orleans Pizza Franchise. Join the pizza franchise revolution & seize the opportunity to grow your business. Situated on the prominent hard corner of Colborne Street South and Peel Street, this property offers excellent visibility and accessibility just two blocks from Highway 24 and steps away from Simcoe's Downtown core. The area is primarily commercial and benefits from proximity to the Norfolk Administrative Building, Norfolk County Public Library - Simcoe Branch, Talbot Gardens Arena, and Trinity Anglican Church. Additionally, the surrounding residential neighborhoods provide a strong and steady customer base, enhancing the property's appeal. The Pizza Store Is Approximately 1,000 Sqft And Has A Monthly Rent Of Approx. $2662.15 which Includes TMI And H.S.T. Please do not go directly or talk to Staff. Financials available through Listing Agents. Don't miss the opportunity. With a solid customer base and significant growth potential, this is a prime opportunity to elevate an already successful franchise. (id:66096)
Property Details
- MLS®
- X13801044
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CG
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 47 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 47 days on market, against an average age of 69 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Norfolk (Simcoe) has been listed for 47 days, which is 22 days fresher than the city average of 69. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N3Y)
This home lists at $119,000, about 1.5× the local median household income of $77,500.
Carrying it typically needs a household income of about $23,245 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $77,500
- Population
- 23,402
- Median age
- 49.2
- Owner / renter
- 75% / 25%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N3Y)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$119,000
Norfolk