haho.ca
$899,900
For sale

Address not available, Sault Ste. Marie - Business for Sale

Sault Ste. Marie, Ontario, P6B1Y6

2,300 ft²Listed 21 days ago
Overview

This business in Sault Ste. Marie is for sale offering roughly 2,300 sq ft of space. It has been on the market 21 days, fresher than the Sault Ste. Marie average of 54 days.

Description

PRIME LOCATION/THRIVING BUSINESS - Don't miss your chance to own this well-established and highly profitable convenience/food mart located in a high-traffic area. Known as the top-selling Lotto retailer in the city, this turn-key operation offers multiple revenue streams including Lottery, Nevada, Pro Line, ATM, Bitcoin services, alcoholic beverages and a popular hot food section featuring fresh, cooked-on-site chicken. The store is well-equipped with a dedicated prep area, walk-in cooler, rear office space, and a full cooking station with two large pressure deep fryers—everything you need to hit the ground running. This sale includes the business, property, and owned equipment, making it a rare opportunity for both experienced operators and new entrepreneurs alike. Seller is also open to selling the business separately and leasing the building to the right buyer. This is a rare chance to invest in a proven, income-generating business—contact us today for more details! (id:66096)

Property Details

MLS®
SM262867
Property Type
Business
Business Type
Retail and Wholesale
Interior Size
2,300 ft²
Heating
Overhead Heaters, Natural gas
Garage
Other, Parking Space(s), Surfaced
Property Tax
$8,755.81/yr
Listed
21 days ago

Features

Exterior
Brick, Concrete Block
Lot Features
Corner Site

Services

Water
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
21d
Sault Ste. Marie listings, avg age
54d
Price / ft²
$391
List price
$900K

Active: 21 days on market, against an average age of 54 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 26 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Sault Ste. Marie has been listed for 21 days, which is 33 days fresher than the city average of 54. Act while there is still low competition.

Listed by Royal LePage® Northern Advantage · John Glavota

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6B)

This home lists at $899,900, about 13.0× the local median household income of $69,000.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 155% above the area median.

Median household income
$69,000
Population
22,754
Median age
48
Owner / renter
65% / 35%
Avg. household size
2.1

Source: Statistics Canada, 2021 Census (FSA P6B)

$899,900· $391/ft²
For sale

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Financing

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.

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$899,900

Sault Ste. Marie

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