Unit N3 1700 Simcoe Street N Oshawa ON L1G 8A5
$ 229,000

Listing ID

#E12457452

Property Type

Sale Of Business

County

Durham

Neighborhood

Samac

Days on website

84

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
Financial Information
List Price:  $ 229000
Property Features
Air Conditioning:  Yes
Garage Type:  Plaza
Heat Type:  Gas Forced Air Closed
Listed By:     SAVE MAX REAL ESTATE INC.