52 Sykes Street, Meaford, ON N4L 1E3 – Meaford – $595,000

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Description

DO NOT miss this free standing, mixed use, commercial/residential property! Be your own boss of a profitable turn-key business or be an investor! It is located in high traffic area of the charming town of Meaford. More developments are on the way and good potential of growing business. The building contains a profitable convenience store on the 1st floor, many loyal customers and only fishing &bait products available for sale in the town, attracting many fishing lovers!! The store offers varieties of merchandizes, lotto, Bitcoin, fishing baits, Beer etc. Tobacco counts for lower percentage of sales and boosts the higher margin of profits. On the second floor, there is a cozy 3 Bedroom apartment with one kitchen and one washroom. spacious bedroom and nice layout, accessible with separate entrance. The sale price includes the business and inventory (some items excludes tobacco products and activated lotto scratch tickets). You can simply increasing your line of selling products and inventory to boost sales!

Property Details

• Property Type: Commercial
• List Price: $595,000
• Tax Year: 2024
• Annual Taxes: $3,820