31 Mill Street, Quinte West (Frankford Ward) - Business for Sale
31 Mill Street, Quinte West (Frankford Ward), Ontario, K0K2C0
This business in Quinte West is for sale offering roughly 2,900 sq ft of space. It has been on the market 19 days, fresher than the Quinte West average of 112 days.
Description
CONVENIENCE STORE | LAUNDROMAT | DETACHED BUILDING. Rare opportunity to acquire the businesses and detached freehold property together, featuring an approximately 1,400 sq. ft. convenience store, 800 sq. ft. laundromat and 700 sq. ft. one-bedroom apartment, legally converted early this year. Located approximately 1.5 hours east of the GTA, the property is zoned Downtown Commercial (DC) and includes the only laundromat in town, with 15 commercial laundry machines. The commercial units were renovated approximately two years ago. 2025 gross store sales were $776,500, including lottery sales. Monthly figures include approximately $4,500 in lottery commissions, $450 in ATM commissions and $3,000 in laundromat income, with potential apartment rent of approximately $1,600. All income information is as provided by the Seller. Store hours are Monday to Friday, 6:00 a.m. to 10:00 p.m., and Saturday and Sunday, 7:00 a.m. to 10:00 p.m. The property and businesses will not be sold separately. Do not attend the property or speak with staff without an appointment. (id:66096)
Property Details
- MLS®
- X14087438
- Property Type
- Business
- Zoning
- DC - Downtown Commercial
- Bathrooms
- 1
- Parking
- 3
- Interior Size
- 2,900 ft²
- Lot Size
- 48 × 141 ft (6,750 sq ft)
- Frontage
- 48 ft
- Heating
- Forced air, Natural gas, Other
- Cooling
- Partially air conditioned
- Property Tax
- $5,526.12/yr
- Listed
- 19 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 19 days on market, against an average age of 112 days across the listings currently for sale in this city
This business in Quinte West (Frankford Ward) has been listed for 19 days, which is 93 days fresher than the city average of 112. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0K)
This home lists at $699,000, about 8.4× the local median household income of $83,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.
- Median household income
- $83,000
- Population
- 115,850
- Median age
- 50.8
- Owner / renter
- 86% / 14%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0K)
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$699,000
Quinte West