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 rates on this business, with its 30-year history, are over 15%, making it an exceptional investment. Financial details are attached to the listing. Additionally, 'The Shoe Store' is equipped with two cashier stations-one on each floor-streamlining operations. (id:47423)
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Detailed Information
Lot
24 x 135 ft
Community Features
High Traffic Area
Features
Southern exposure, Elevator, Passenger elevator
Listing Contract Date
2024-04-15
Location Description
MAIN ST & YONGE ST
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Retail
Signage
None
Transaction Type
For sale
Zoning Description
COMMERCIAL
Business
Name
THE SHOE STORE INC
Building
Basement Type
Full
Constructed Date
1967
Exterior Finish
Stucco
Fire Protection
Alarm system
Foundation Type
Poured Concrete
Stories Total
2
Size (Exterior)
2838
Utility Water
Municipal water
Utilities
Type
Description
Natural Gas
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Sewer
Municipal sewage system
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