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Unit Main Flr - 1572 Queen St E
Toronto E01, ON M4L 1E9
Unit Main Flr - 1572 Queen St E, Toronto E01 — Listed at $75,000 Sale Of Business. MLS® E13477726.
Description
Excellent opportunity to acquire a well-established convenience store operating in a high-traffic Queen & Coxwell location for over 35 years. This turnkey business generates strong sales, offering a solid profit margin with simple day-to-day operations that a single owner-operator can manage. Attractive lease terms with low occupancy costs of approximately $3,600/month, including rent and TMI, plus a long-term lease structure of 5 years with a 5-year renewal option. The current pending lease is approximately 2.5 years with a renewal option for an additional 5 years. Strategically positioned on a prominent corner lot with excellent exposure and a new move-in-ready condominium development directly across the street, creating significant future growth potential. The "History" music venue is a short walk away, offering huge potential to increase foot traffic. The business offers further upside through extended operating hours and expanded product offerings. The premises include a basement for additional storage and one dedicated parking space. Flexible layout allows for conversion to a variety of retail or service-oriented uses, making it suitable for investors, entrepreneurs, or owner-operators seeking a prime location with strong future prospects.
Business Details
Commercial Space & Financials
Property Details
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MLS® Verified · Same-day showings available
Listing Courtesy of: KELLER WILLIAMS PORTFOLIO REALTY
MLS® #E13477726


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About Toronto Real Estate
This Sale Of Business is located in the Greenwood-Coxwell community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.