Located in the heart of downtown Brighton, Ontario, 'The Shoe Store' is a free-standing property offering a total of 2838 sq ft across two levels. The upper level spans 1434 sq ft with 10 ft ceilings, providing an elegant space for curated collections. On the lower level, you'll find 1404 sq ft with 8 ft ceilings, featuring the full Rieker collection. This establishment boasts three designated parking spots for convenience, along with two entrances and two well-appointed washrooms. For comfort and efficiency, the property includes two furnaces, 400AMP service, an A/C unit, and an elevator. With an impressive annual revenue exceeding 500k, 'The Shoe Store' is a standout opportunity in Brighton's vibrant retail landscape. The cap rate on this business, with its 30-year history, is astronomical. Financial details are attached to the listing. Additionally, 'The Shoe Store' is equipped with two cashier stations one on each floor streamlining operations for efficient customer service.
Extras
Please note: The free-standing building, priced at $649,999, must be purchased with the business & inventory of approx $225,000.
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Bathrooms
2
Lot
24.02 x 134.95 ft
Retail Area
2,838 ft2
Total Area
2,838 ft2
Elevator
Public
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
None
Parking Spaces
3
Amps
400
Days Open
6
Hours Open
10-5
LLBO
N
Employees
4
Heat Type
Gas Forced Air Open
Financial Statement
Y
Year Expenses
$2,023
Sewers
San+Storm
Utilities
Y
Water
Municipal
UFFI
No
Clear Height
10 feet
Rail
N
Lot/Bldg/Unit Code
Building
Zoning
Commercial
Seller Property Info Statement
N
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