Andy Stephenson, SRES Real EstateSotheby's International Realty Canada

9500 Sqft Commercial Property in Colwood

496 Owens Rd MLS® NO.419458

Beds | Baths | SqFt | 9500 SqFt Lot
Listed at $99,000

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Property Details

Now is your chance to own your own business! This is grocery business sale. Annual Revenue over 800k Lease agreement terms negotiable with landlord/owner. Store started 51 years ago. Very steady business turnover and lots of customers being across from a elementary school with playground and City Hall in a great residential neighborhood. Middle School and 2nd Elementary within walking distance. Has a point of sale system with scanner, computer system and cash register in place. Most new equipment has been settled in recent three successful years. Price doesn’t include inventory. Lease includes 1400sq.ft of retail space. More option to also rent the three levels four bedroom residence and large garage as well. Please don't ask staff.

Title:
Leasehold 
Transaction Type:
For Sale 
Includes Building:
No 
Includes Business:
Yes 
Includes Land:
No 
Sale/Lease Type:
Sale of Assets 
Possession:
 
Possession Notes:
 
Taxes:
$10,566.02 (2019) 
Year Built:
1966 
Additional Rent/SqFt:
 
Existing Lease Expiration Date:
 
Business Name:
Mini 8 Grocery Store 
Business Established:
1968 
Gross Income:
815540 
Net Income:
15836 

Building Details

Building Features:
 
Building Type:
Retail 
Accessibility:
 
Construction Foundation:
Concrete Poured 
Exterior Finish:
 
Exterior Features:
Playground 
Cooling:
Central Air 
Heat:
Gas Forced Air 
Approx. Value of Fixed Equip:
 
Parking Spaces:
 
Stories:
 

Lot Information

SqFt:
9500 
Acres:
0.22 
Total SqFt:
1400 
Lot:
Lot Shape:
 
Lot Features:
 
Lot Frontage:
 
Water:
City/Munic. 
Waste:
Sewer 
Parking:
 
Location Features:
Bus Service 

Strata Information

Complex:
 
Managed By:
 
Monthly Assessment:
Shared Amenities:
 


Listed with:

Victoria Cao - Sotheby's International Realty Canada


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