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. |
Price | $69,000 |
Taxes: | $0.00 |
Tax Type: | Annual |
Occupancy: | Owner |
Address: | 2679-2 Bur Oak Aven , Markham, L6B 1K8, York |
Postal Code: | L6B 1K8 |
Province/State: | York |
Directions/Cross Streets: | Bur Oak Ave. & 16th Ave. |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Without Property |
Use: | Convenience/Variety |
Total Area: | 800.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 0 |
Office/Appartment Area Code: | Sq Ft |
Retail Area Code: | Sq Ft |
Financial Statement: | F |
Chattels: | T |
Franchise: | F |
Days Open: | O |
Hours Open: | 9:00Am- |
Employees #: | 1 |
Seats: | 0 |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RIGHT AT HOME REALTY |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | York |
Municipality: | Markham |
Neighbourhood: | Cornell |
Style: | |
Lot Size: | x 0.00(Feet) |
Approximate Age: | |
Tax: | $0 |
Maintenance Fee: | $0 |
Beds: | 0 |
Baths: | 0 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: |