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28 Colborne St

10,500 SF 100% Leased Retail Building Portland, ON K0G 1V0 $553,428 USD ($53 USD/SF)

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Executive Summary

Grocery store with 10,500 sq ft and exposure on three roads. This store is located in the popular tourist destination of Portland Village, on shores of Big Rideau Lake with attractions such as swimming beaches, boat launches, houseboat rentals, Conservation Area and restaurants. The store has high visibility and signage on busy Hwy 15 that is major traffic route. Inside is 4,500sf grocery section plus deli, bakery, offices, loading dock and basement storage areas. Store also has half an acre, togrow your own produce. Fully equipped with all that you need to operate a one-stop shop, with large prep areas and lotto sales. All equipment included. Opportunity to improve profits with modernizing and increasing sales of local crafts, specialties and gourmet items. Electrical panels 1000 amps. Plenty of street parking available. Zoning is Local Commercial which allows for many uses. A gem with immense business potential, especially since nearest grocery store competitor is 15 min driveaway.

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Supermarket

Building Size

10,500 SF

Building Class

Year Built

1943

Price

$553,428 USD

Price Per SF

$53 USD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.40

Lot Size

0.61 AC

Zoning

Local Commercial

About 28 Colborne St , Portland, ON K0G 1V0

MLS # X9515967 PORTLAND FOOR MART. Grocery store with 10,500 sq ft and exposure on three roads. This store is located in the popular tourist destination of Portland Village, on shores of Big Rideau Lake with attractions such as swimming beaches, boat launches, houseboat rentals, Conservation Area and restaurants. The store has high visibility and signage on busy Hwy 15 that is major traffic route. Inside is 4,500sf grocery section plus deli, bakery, offices, loading dock and basement storage areas. Store also has half an acre, togrow your own produce. Fully equipped with all that you need to operate a one-stop shop, with large prep areas and lotto sales. All equipment included. Opportunity to improve profits with modernizing and increasing sales of local crafts, specialties and gourmet items. Electrical panels 1000 amps. Plenty of street parking available. Zoning is Local Commercial which allows for many uses. A gem with immense business potential, especially since nearest grocery store competitor is 15 min driveaway.