$438,000 +stock
FOR SALE

Business for Sale

Convenience/Variety

Lot: 39 x 122 ftTotal Area: 4,768.41 ft2
2024 Taxes: $2,105

240 Furnival Rd W
West Elgin, ON N0L 0A2 | Rodney | Elgin

A fantastic opportunity to own your own business along with the property!!! This well-established and comfortable store enjoys steady sales and income, well-known to locals and the surrounding cottage/vacation community. The upper space can be utilized for either storage or a residential unit. No Basement.4 AC (3 unit-AC with Heater) - 2 from the previous owner (1 is about 6 years old) and 2 additional AC with Heater installed in 2023. Front door and security bars (2018), Roof (2016). The building also offers private parking with space for 6-8 vehicles behind the building. 2 separate entrances and has a lot of potential for Shop in shop (such as a Vape shop, LCBO, Bitcoin, or gift items). The current owner also operates a flower business from mid-April to May only, adding an additional seasonal revenue stream.
Extras
Ave Weekly Sale $8431, Cigarette about 60% (Margin 18%), other products about 40% margin. Lotto Comm $3100/M, Cleaning Depot $50/M. Monthly Net Income Approx. $ 10,866/month As Per Seller.
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Listed By HOMELIFE LANDMARK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9392282
Last Updated Oct 11, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Business/Building Name Marg's Variety
Category With Property
PIN 351050203
Legal Description PT LT 1 (FORMERLY LT 6 CON 8), 2 (FORMERLY LT 6 CON 8) BLK B PL 67 ALDBOROUGH AS IN E404902; S/T E404902; WEST ELGIN
Occupancy Owner
Possession Date TBA
Taxes (2024) $2,105
Tax Type Annual
Directions/Cross Streets Queen St & Furnival Rd
Neighbourhood Rodney
Area Elgin
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 39 x 122 ft
Retail Area 1,300 ft2
Total Area 4,768.41 ft2
Approximate Age 100+
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Parking Spaces 8
Days Open 7
Hours Open 12
LLBO N
Heat Type Gas Forced Air Closd
Financial Statement Y
Water Expense $840
Heat Expenses $960
Insurance Expense $6,108
Taxes Expense $2,105
Other Expenses $4,824
Year Expenses $2,023
Expenses Actual/Estimated Est
Outside Storage N
Area Influences Major Highway, Rec Centre
Soil Test N
Sewers None
Utilities Y
Water Municipal
UFFI No
Clear Height 8 feet
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning C1
Seller Property Info Statement N

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