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$224,900 Sale
Listed 2 hours ago
37A - 1530 ALBION ROAD
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Key Facts
Key facts for 37A - 1530 ALBION ROAD
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
W12435385
Size
979 sqft
Basement
-
Listed on
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Lot size
-
Tax
-
Days on Market
-
Year Built
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Maintenance Fee
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Description
Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,8...00 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations. (id:10452)
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Listing courtesy of: RE/MAX PREMIER INC.
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