Discover a well-established grocery store FoodCo Supermarket & Halal Meat with approximately 450-500k spent on lease hold improvements , ideally located directly beneath a student residence housing over 800 students guaranteeing consistent daily traffic. The store benefits from its prime position near Durham College, Ontario Tech University, and within a rapidly growing residential community with several new developments underway.This business enjoys strong monthly sales with significant potential for further growth through targeted marketing and product expansion. The rent is $4,981.94/month (including TMI & HST) and covers all utilities and maintenance, plus six reserved parking spots. A secure lease runs until 2032 with 5 + 5-year renewal options, providing long-term operational stability. With its unbeatable location, built-in student clientele, and established community presence, this is an excellent opportunity for investors or operators seeking a profitable and future-ready grocery and halal meat business. (id:62499)
| Business Type | Food Services and Beverage |
| Business Sub Type | Grocery |
| MLS® Number | E12457452 |
| Property Type | Business |
| Community Name | Samac |
| Appliances | Freezer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,687 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Zoning Description | Mu-b(1) |
https://www.realtor.ca/real-estate/28978901/n3-1700-simcoe-street-n-oshawa-samac-samac
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Raman Dua
Broker of Record
(905) 459-7900
(905) 216-7820
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Kavi Sharma
Salesperson
(905) 459-7900
(905) 216-7820
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Mithun Salwan
Salesperson
(905) 459-7900
(905) 216-7820
www.savemax.ca/
www.facebook.com/SaveMaxRealEstate/
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