262 Dundas ST Active Save Request In-Person Tour Request Virtual Tour
London East,ON N6A 1H3
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,561 sqft
Price per Sqft $274
MLS Listing ID X12269572
Annual Tax Amount $6,134
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 111.0
Lot Front 14.52
Property Description
Excellent Opportunity To Purchase A Convenience Store Building In A Prime And Busy Downtown Core. Located Directly Across From The Central Public Library, Surrounded By Numerous Office Buildings And Banks.Currently Operated With Short Business Hours: Monday To Friday: 7:30AM - 6:00PM, Saturday To Sunday: 8:30AM -5:00PM.Average Weekly Sales Are Approximately $7,000. Lotto Commission Averages About $2,000 Per Month. Magazines Account For 50% Of Total Sales With A Profit Margin Of 20%.There Is Significant Potential To Increase Revenue Through Extended Hours, Expanded Product Selection, And The Addition Of Beer And Wine Sales.The Current Owner Has Successfully Operated This Business For 24 Years And Is Now Planning To Retire.Don't Miss This Great Opportunity!
Location
Province ON
County Middlesex
Area Middlesex
Interior
Cooling Yes
Exterior
Lot Frontage 14.52
Lot Depth 111.0
Others
Security Features No