210-212 Third Avenue, Timmins (TS - SE) - Business for Sale
210-212 Third Avenue, Timmins (TS - SE), Ontario, P4N1E1
This business in Timmins is for sale offering roughly 4,677 sq ft of space. It has been on the market 34 days, fresher than the Timmins average of 81 days.
Description
Rare opportunity to acquire a landmark Timmins business with an extraordinary 90-years of legacy. Established and respected flower shop offering an exceptional opportunity to acquire a business, goodwill and commercial property in one package.The business has built a strong reputation over nine decades, servicing Timmins and surrounding areas along with longstanding relationships extending to the James Bay Coast. Award-winning with FTD and Teleflora, providing an established presence and recognized industry affiliation. The operation currently employs 7 staff members and includes the existing inventory, equipment and business assets, allowing a purchaser to continue operating from an established location with an existing customer base and infrastructure.The property offers additional versatility with a studio apartment( with room to expand) located on the second level, providing potential owner-occupancy, additional accommodation or rental income, subject to applicable requirements.An excellent opportunity for an entrepreneur, experienced floral professional or purchaser seeking an established business with a long operating history and commercial real estate component.All inventory is included in the purchase, subject to the terms of the transaction. (id:66096)
Property Details
- MLS®
- T13849348
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- EA-CG
- Bathrooms
- 4
- Parking
- 3
- Interior Size
- 4,677 ft²
- Frontage
- 30 ft
- Building Area
- 4,677 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $6,040.17/yr
- Listed
- 34 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 34 days on market, against an average age of 81 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 36 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 103.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Timmins (TS - SE) has been listed for 34 days, which is 47 days fresher than the city average of 81. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P4N)
This home lists at $1,250,000, about 17.0× the local median household income of $73,500.
Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 232% above the area median.
- Median household income
- $73,500
- Population
- 24,098
- Median age
- 42.8
- Owner / renter
- 61% / 39%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA P4N)
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$1,250,000
Timmins