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$ 229,000
Est. payment | /mo
1,687 SqFt
$ 229,000
Est. payment | /mo
1,687 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,687 sqft
Price per Sqft $135
Subdivision Samac
MLS Listing ID E12457452
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Discover a well-established grocery store FoodCo Supermarket & Halal Meat with approximately 450-500k spent on lease hold improvements , ideally located directly beneath a student residence housing over 800 students guaranteeing consistent daily traffic. The store benefits from its prime position near Durham College, Ontario Tech University, and within a rapidly growing residential community with several new developments underway.This business enjoys strong monthly sales with significant potential for further growth through targeted marketing and product expansion. The rent is $4,981.94/month (including TMI & HST) and covers all utilities and maintenance, plus six reserved parking spots. A secure lease runs until 2032 with 5 + 5-year renewal options, providing long-term operational stability. With its unbeatable location, built-in student clientele, and established community presence, this is an excellent opportunity for investors or operators seeking a profitable and future-ready grocery and halal meat business.
Location
Province ON
County Durham
Community Samac
Area Durham
Interior
Cooling Yes
Listed by SAVE MAX REAL ESTATE INC.
