7663 Woodbine Street E, Niagara Falls, ON L2H 1C2

Niagara Falls L2H 1C2 Ontario

MLS: X12304046

$1,389,000

Added 36 days ago | For Sale

Listed by: HOMELIFE SUPERSTARS REAL ESTATE LIMITED

About Property

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 at $ 12000 a week(Grocery) Plus Lotto commissions $ 53000 a year and Vape store sales touching 800-900 a day with 40% returns.(Vape store alone nets $ 8000 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 $ $ 175000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 69.42 X 75
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Lee Ave
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $6285
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12304046

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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