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937002 Airport Rd

3,224 SF Retail Building Mulmur, ON L0N 1M0 $1,708,574 USD ($530 USD/SF) 9.50% Cap Rate

Investment Highlights

  • Well-established retail business
  • 12-year-old free-standing building spanning 3,224 sq. ft
  • The owner has successfully run the L.C.B.O. and beer store for the past 17 years

Executive Summary

This well-established retail business, which has been operating for 20 years, has been L.C.B.O., beer store, lotto kiosk, gift shop, and variety store, all conveniently located under one roof. The owner has successfully run the L.C.B.O. and beer store for the past 17 years. Included in the price is the business along with a 12-year-old free-standing building spanning 3,224 sq. ft. This is a profitable, owner-operated venture situated just 1 hour north of Brampton and Mississauga. The Mansfield General Store is located at a high-visibility corner of Airport Road and 10th Sideroad in Mulmur. **** EXTRAS **** All signage, shelving, two new cash registers, TV, freezers, coolers, and other business-related equipment are included. Financial statements are available for serious buyers. A list of chattels will be provided upon acceptance of an offer.

Attachments

Sales Report

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,224 SF
Building Class
C
Year Built
2006
Price
$1,708,574 USD
Price Per SF
$530 USD
Cap Rate
9.50%
NOI
$162,315 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Land Acres
0.31 AC
Zoning
Commacial
Frontage
113 FT on Ten Sideroad

Amenities

  • Corner Lot
  • Listing ID: 33281765

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: 937002 Airport Rd, Mulmur, ON L0N 1M0

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