2679-2 Bur Oak Avenue Markham, Ontario L6B 1K8
$69,000
Rare opportunity to own a profitable, turn-key convenience store in the heart of Cornell, Markham. Situated at the busy intersection of Bur Oak Ave and 16th Ave, this 800 sq ft store benefits from high visibility and consistent foot traffic, located close to a new high school, Markham Stouffville Hospital, and surrounding residential neighborhoods. The business currently generates average monthly sales of approximately $10,000, with significant potential to grow to $20,000+ per month through extended hours, additional product offerings, or value-added services. The store is well-stocked with essential items, including basic groceries, dairy products, fresh produce, frozen foods, snacks, beverages, personal care items, household supplies, and more. It also features Lotto Max and tobacco sales, which help drive steady customer visits and revenue. Gross rent is very affordable at $2,050 per month, including HST and all utilities, keeping overhead low and profitability high.Additional benefits include a double-car garage that serves as ample storage space and convenient street parking directly in front of the store. With no direct competition in the immediate area, this turn-key business is perfect for an owner-operator or investor seeking a stable, income-generating opportunity in a growing and highly desirable neighborhood. (id:50886)
Business
Business Type | Retail and Wholesale |
Business Sub Type | Convenience store |
Property Details
MLS® Number | N12216431 |
Property Type | Business |
Community Name | Cornell |
Parking Space Total | 2 |
Building
Appliances | Microwave, Alarm System, Refrigerator |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 800 Ft2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Zoning Description | Retail |
https://www.realtor.ca/real-estate/28459693/2679-2-bur-oak-avenue-markham-cornell-cornell
Contact Us
Contact us for more information
Khalil Henareh
Broker
www.choosehenareh.com/
www.facebook.com/choosehenareh/
www.linkedin.com/in/khalil-henareh-2b16a254/
1550 16th Avenue Bldg B Unit 3 & 4
Richmond Hill, Ontario L4B 3K9
(905) 695-7888
(905) 695-0900