1339 King Street East, Oshawa (Donevan) - Business for Sale
1339 King Street East, Oshawa (Donevan), Ontario, L1H1J3
This business in Oshawa is for sale offering roughly 2,200 sq ft of space. It has been on the market 22 days, fresher than the Oshawa average of 108 days.
Description
PROFITABLE, ESTABLISHED BECKER'S CONVENIENCE STORE BUSINESS FOR SALE - PRIME OSHAWA LOCATION! Excellent opportunity to acquire an established Becker's convenience store in a busy commercial plaza on high-traffic King Street East, Oshawa! Strategically located near TD Bank, FreshCo, McDonald's, gas stations, dental care, Pizza Pizza, Mr. Sub, and major highway access, this location benefits from excellent visibility, convenient accessibility, and strong surrounding residential and commercial activity. Offering approximately 2,200 sq. ft. of retail space, this established business features a functional layout, steady clientele, attractive sales figures, lottery sales, and an existing LLBO licence. Ample customer parking adds to the convenience and accessibility of the location. ATTRACTIVE REVENUE STREAMS & LOW ROYALTY COST! Benefit from approximately $4,000 in lottery commissions, $300/month in Bitcoin machine rental income, $300/month in ATM rental income, and approximately $500 in vendor rebates. The business pays only $400 + HST in monthly royalties to Becker's, offering an attractive operating structure for the next owner. LOW RENT & LONG-TERM LEASE AVAILABLE! Providing an excellent opportunity for continued business operations and future growth. An outstanding opportunity for an owner-operator, entrepreneur, or experienced convenience store operator looking to acquire an established business in a high-traffic location with a steady customer base, multiple revenue streams, and strong growth potential. Financial and business information available to qualified buyers. Inventory is not included in the sale price. Buyer and buyer's agent to verify all information, financials, lease terms, licensing, and permitted uses. (id:66096)
Property Details
- MLS®
- E14028940
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Bathrooms
- 1
- Parking
- 30
- Interior Size
- 2,200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $12.62/yr
- Listed
- 22 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 22 days on market, against an average age of 108 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 29 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 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Oshawa (Donevan) has been listed for 22 days, which is 86 days fresher than the city average of 108. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1H)
This home lists at $600,000, about 8.2× the local median household income of $73,500.
Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.
- Median household income
- $73,500
- Population
- 32,298
- Median age
- 41.2
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L1H)
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$600,000
Oshawa