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6955-6957 Tecumseh Rd 3,400 SF Retail Building Lakeshore, ON N0R 1N0 $1,442,536 USD ($424.28 USD/SF) 17% Cap Rate

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INVESTMENT HIGHLIGHTS

  • The offering includes a convenience store, LCBO outlet, and beer store, along with a 3-bedroom house.
  • There are four storage areas: two for beer, one for LCBO, and one for return bottles and cans.
  • Located close to Windsor, the retail space is approximately 2,500 square feet.
  • This is a corner property at a very busy intersection in the Lakeshore community.

EXECUTIVE SUMMARY

Very Successful Business For Sale With Property. Business value included. Total land size - 13,840 SF. Convenience Store,Lcbo Outlet And Bear Store With 3-Bedroom House, Close To Windsor, Approx 2500 Sq Feels, Total 4 Storage Area (2-Beer+1-Lcbo+1-Return Bottles And Cans), Large Size Beer Walking Coolers.+900 Sq Feet House With 2 Bath (1-4,1-2), Lots Of Parking. As Per Seller Approx Total Gross Income Cad$340000/Year. Extra:*Extra* The Inventory Is To Be Paid Extra By Buyer.**** EXTRAS **** Corner Property, Very Busy Intersection In Lakeshore Community, Many Regular Customers And Very Busy In Summertime With Tourist Traffic Of Lake St.Clair. Do Not Directly Visit And Do Not Talk Directly To Owner Or Employees.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,400 SF
Building Class
C
Year Built/Renovated
1950/2024
Price
$1,442,536 USD
Price Per SF
$424.28 USD
Cap Rate
17%
NOI
$245,232 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.32 AC
Zoning
Commercial - C1
Parking
10 Spaces (2.94 Spaces per 1,000 SF Leased)
  • Listing ID: 30687942

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 6955-6957 Tecumseh Rd, Lakeshore, ON N0R 1N0

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