$599,000 FOR SALE

Commercial/Retail

Total Area: 3,400 ft2
2024 Taxes: $14

23 WOOTEN Way N
Markham, ON L3P 2Y2 | Markham Village | York

Independent Convenience Store Under Same Ownership for Past 9 Years. Sales 1M/Year + 649 + ATM Income $65,000/Year. Open 7am-10pm 7 Days/Week. Only 25% to 30% of Sales are Tobacco Products. High Margin Grocery and Other Merchandise. Lease 3+5 Goss Rent $9,700/Month Including TMI. Easy One Person Operation. Projected Sales with Beer and Wine Addition up to 100K/Month and Growing. Overall Gross Margin 36-38% as per Seller. Seller Discretionary Income Potential $150-200K/Year.

Extras
3400 Sq.Ft. Retail Space + Full Basement. New Beer & Wine Coolers. Financing up to $400,000 Available to Qualified Buyer with Minimum $300,000 Liquid Asset and Networth of $500,000 Through Major Financial Institution.

Share

Listed By HOMELIFE/RESPONSE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N9380544
Last Updated Oct 03, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
Category Retail
PIN 029340140
Occupancy Owner
Possession Date IMMEDIATE
Taxes (2024) $14
Tax Type T.M.I.
Directions/Cross Streets HWY 7 WEST OF NINTH LINE
Neighbourhood Markham Village
Area York
Price History
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 N
Retail Area 3,100 ft2
Industrial Area 300 ft2
Total Area 3,400 ft2
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 7am-10p
LLBO Y
Employees 4
Heat Type Gas Forced Air Open
Financial Statement Y
Gross Income/Sales $1,000,000
Year Expenses $2,024
Expenses Actual/Estimated Est
Sprinklers N
Sewers San Avail
Utilities A
Water Municipal
Rail N
Lot/Bldg/Unit Code Building
Zoning COMMERCIAL
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.