WELL KNOWN TO LOCALS ESTABLISHED CONVENIENCE STORE IN THE CENTRE OF A LARGE RESIDENTIAL NEIGHBOURHOOD. Free-standing excellent exposure of the property on the corner lot located on major NORTH-SOUTH thoroughfare. One of the busiest streets going to university and countryside. Property of the spacious recently renovated 2 Bedroom apartment upstairs can be rented for extra income.2,000 sqft retail store with high profit margins on grocery, low cigarette portion is generating approximately $15,300 weekly sales, Lotto commission $35,000/year and provides value-added service of approved liquor license for beer and wine, $2,800 weekly sales. SELLER IS LOOKING FOR RETIREMENT.
Address
694-700 Armour Road
List Price
$799,000
MLS® Status
Sold Conditional
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Peterborough
Sub-Area
ashburnham-ward-4
Lot Depth
114
Lot Type
Lot
Lot Size Units
Feet
Lot Width
100
Total Building Area
2600
Occupant Type
Owner
Cross Street
Armour/Parkhill
MLS® Number
X12016195
Listing Brokerage
RIGHT AT HOME REALTY
Basement
Yes
Postal Code
K9H 1Z7
Posession Details
TBD
Tax Amount
$7,662.00
Tax Year
2024
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Pending
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Oil Forced Air
Cooling Features
Yes
Garage Type
None
Security Features
No
Business Name
Steve's Quick Chek Variety