Located in the heart of downtown Brighton, Ontario, 'The Shoe Store' is a free-standing property offering a total of 2838 sq ft across two levels. The upper level spans 1434 sq ft with 10 ft ceilings, providing an elegant space for curated collections. On the lower level, you'll find 1404 sq ft with 8 ft ceilings, featuring the full Rieker collection. This establishment boasts three designated parking spots for convenience, along with two entrances and two well-appointed washrooms. For comfort and efficiency, the property includes two furnaces, 400AMP service, an A/C unit, and an elevator. With an impressive annual revenue exceeding 500k, 'The Shoe Store' is a standout opportunity in Brighton's vibrant retail landscape. The cap rate on this business, with its 30-year history, is astronomical. Financial details are attached to the listing. Additionally, 'The Shoe Store' is equipped with two cashier stations one on each floor streamlining operations for efficient customer service. Please note: The free-standing building, priced at $649,999, & the inventory (approx $225,000) must be purchased with the business. BUSINESS MLS# 40571639 (id:47421)
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Detailed Information
Listing Contract Date
2024-04-15
Location Description
Main St & Yonge St
Property Type
Business
Transaction Type
For sale
Zoning Description
Commercial
Business
Name
THE SHOE STORE INC
Building
Basement Type
None
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