#5 383 Arthur Street South, Woolwich - Business for Sale
#5 383 Arthur Street South, Woolwich, Ontario, N3B2P5
This business in Woolwich is for sale offering roughly 1,300 sq ft of space. It has been on the market 34 days, fresher than the Woolwich average of 72 days.
Description
GINO'S PIZZA Business in Elmira, ON is For Sale. Located at busy intersection of Arthur St S & Union St, in a high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, hotels, offices, retail stores, restaurants, and major amenities, with convenient access to the highway. Excellent pizza business in a prime location with strong potential to grow sales even further. Great opportunity for an owner-operator or investor. Monthly Sales: Approx $35000/m, Rent: $4068 including TMI & HST, Royalty: $350/w, Advertisement: $250/w. (id:66096)
Property Details
- MLS®
- X13856536
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- EM-4
- Interior Size
- 1,300 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- 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 72 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 31 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 98.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Woolwich has been listed for 34 days, which is 38 days fresher than the city average of 72. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N3B)
This home lists at $240,000, about 2.2× the local median household income of $107,000.
Carrying it typically needs a household income of about $46,880 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $107,000
- Population
- 13,190
- Median age
- 38.4
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA N3B)
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$240,000
Woolwich