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SaleSale Of Business

96 Gerrard Street E

Toronto C08, ON M5B 1G7

Price

$118,300

Building Size

850 sq ft

MLS# C13861110 | Listed by LSG REALTY INC.

Business Details

Business Type

Convenience/Variety

Property Use

Without Property

Hours / Days

Open 7 Days

Franchise

No

Commercial Space & Financials

Retail Area

850 sq ft

Property Description

Rare opportunity to own an established convenience store on the Toronto Metropolitan University (TMU) campus. Street-front on Gerrard St. East at the base of a student residence with 500+ residents, giving built-in customers every day of the week. Over 47,000 students attend TMU. Approx. 850 sq ft with only about half currently used for retail, leaving plenty of room to grow sales. The lease grants exclusive convenience store use in the building and runs to Sept. 2032, plus one 5-year renewal option. Lottery (OLG) terminal and ATM on site. Turnkey business, ideal for an owner-operator or family. Steps to College and Dundas subway stations, Yonge St. and the Eaton Centre. Inventory not included in price. Owner operates short hours from 11am to Midnight. HUGE UPSIDE for the new owner to open early morning hours to get Rush Hour Income !!

Price & Status History

Price history is locked

Location

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96 Gerrard Street E, Toronto C08 M5B 1G7

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Listing Courtesy of: LSG REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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