ON > Niagara Falls > 213 - Ascot
Niagara Falls, ON L2H 1C2,7663 Woodbine ST E
Niagara Falls, ON L2H 1C2,7663 Woodbine ST E
Niagara Falls, ON L2H 1C2,7663 Woodbine ST E
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$1,389,000
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7663 Woodbine ST E Niagara Falls, ON L2H 1C2

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision 213 - Ascot

MLS Listing ID X12304046

Annual Tax Amount $6,285

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Convenience Store with two Apartments(Both 2 Bedrooms) Vape store and Open parking space(8 no's). One Package in All. Money making mix commercial & Residential property. Should not be missed Amazing Cap rate at nearly 13%-14% NET NET return. Well Established over 20 years Store Sales growing day by day Plus Lotto commissions $ 53000 a year and Vape store sales growing with 40% returns.(Vape store alone nets $$$$ a month) Additional rental Income from two brand new apartments One is rented for $ 21000 a year and for Apartment 2 is $ 24000 for Apartment NET NET $ 185000 after paying $ 85000 Payroll per year(owner as well) with Absentee Owner. Get this goldmine before its gone.

Location

Province ON

County Niagara

Area Niagara

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 69.42

Lot Depth 75.0

Others

Security Features Partial

ParcelsYN No

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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7663 Woodbine ST E

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