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7663 WOODBINE STREET E, Canada, Niagara Falls (Ascot)

$1,389,000.00
Property ID: 28646638

7663 WOODBINE STREET E, Niagara Falls (Ascot), Canada

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Car Parking
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1200 Sq Ft

Description:

Convenience Store with two Apartments, 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 at $ 12000 a week(Grocery) Plus Lotto commissions $ 53000 a year and Vape store sales touching 800-900 a day with 40% returns.(Vape store alone nets $ 8000 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 $ $ 175000 after $ 85000 Payroll per year with Absentee Owner. Get this goldmine before its gone. (id:63033)

Property Summary:

  • Property type: Retail
  • Square Footage: 1200 sqft
  • Community Name: 213 - Ascot
  • Annual Property Taxes: $6285

Properties Amenities

  • Laundry
  • Window Covering

Location & Google Maps

  • Address: 7663 WOODBINE STREET E
  • Country: Canada
  • Province/State: Ontario
  • City/Town: Niagara Falls (Ascot)
  • Neighborhood: Canada
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