238 Wellington St W

For Sale
$499,000
238 Wellington St W, Sault Ste Marie
Retail
CATEGORY
30,593 Sq Ft
TOTAL AREA
X8276806
MLSID
Contact Us
Property Description
Very profitable business in a quite and beautiful city from last 75 years. One hour flight from Toronto. Need Working partner who can live in Sault Ste Marie. Owner is absent since the business bought. Sale was 5 Million but dropped to 4 Million which can be fixed easily. Business sell hot food like Fried chicken and pizza, Good range of grocery, good range of meat. We also deliver meat and produce to local restaurants. Was franchise with Sobeys before and Can be franchised with Sobeys or Loblaw. Over 60 Car parking. Elevator for basement storage. Outside cooler storage as well. Big Cooler and freezer in the basement. Big chances to grow business since city is expected to grow very well because Mining contracts are on the way. Listing agent is also Real estate Broker in Mississauga.
Extras
5 Years Lease with Option To Renew. Lease 5 Yr (2024) + 5 Option. Attractive lease Renewal Option. Come Take a look but don't mention to Employees
Property Details
Category
Retail
Usage
Retail Store Related
Zoning
Retail Commercial
Total Area
30,593 Sq Ft
Retail Area
8,000 Sq Ft
Taxes
$1 (2023)
Air Conditioning
Yes
Listing contracted with Re/Max Gold Realty Inc.
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