10
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$159,000
Est. payment /mo
3,000 SqFt
Active
62 King ST Norfolk, ON N4B 1X6
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $53
Subdivision Delhi
MLS Listing ID X12349990
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy downtown area, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. A spacious unfinished basement provides even more potential for expansion. Current average weekly sales are approximately $10,000 (with about 30% from cigarettes), plus lottery commissions of $3,000/month. Operating costs are low, with hydro averaging $600/month. A brand-new 5+5 year lease is in place at $3,000/month net-net rent. The business currently operates limited hours (8 AM 8 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity in a charming town, offering growth potential and a solid foundation.
Location
Province ON
County Norfolk
Community Delhi
Area Norfolk
Interior
Heating Yes
Cooling Yes
Others
ParcelsYN No
Listed by HOMELIFE/DIAMONDS REALTY INC.
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