REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,389,000
Est. payment /mo
Active
7663 Woodbine ST E Niagara Falls, ON L2H 1C2
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 213 - Ascot
MLS Listing ID X12304046
Annual Tax Amount $6,285
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Convenience Store with two Apartments, Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales growing day by day Plus Lotto commissions $ 53000 a year and Vape store sales growing with 40% returns.(Vape store alone nets $$$$ a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ 185000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone.
Location
Province ON
County Niagara
Community 213 - Ascot
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 69.42
Lot Depth 75.0
Others
Security Features Partial
ParcelsYN No
Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED