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937002 Airport Rd 3,224 SF Retail Building Mulmur, ON L0N 1M0 $1,719,296 USD ($533.28 USD/SF) 9.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Well-established retail business
- 12-year-old free-standing building spanning 3,224 sq. ft
- The owner has successfully run the L.C.B.O. and beer store for the past 17 years
EXECUTIVE SUMMARY
This well-established retail business, which has been operating for 20 years, includes an LCBO, Beer Store, lotto kiosk, gift shop, and variety store, all conveniently located under one roof. The owner has successfully run the LCBO and Beer Store for the past 17 years. Included in the price is the business along with a 12-year-old free-standing building spanning 3,224 SF. This is a profitable, owner-operated venture situated just 1 hour north of Brampton and Mississauga. The Mansfield General Store is located at a high-visibility corner of Airport Road and 10th Sideroad in Mulmur. **** EXTRAS **** All signage, shelving, two new cash registers, TV, freezers, coolers, and other business-related equipment are included. Financial statements are available for serious buyers. A list of chattels will be provided upon acceptance of an offer.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,224 SF
Building Class
C
Year Built
2006
Price
$1,719,296 USD
Price Per SF
$533.28 USD
Cap Rate
9.50%
NOI
$163,333 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.31 AC
Zoning
Commercial - Commercial
Frontage
113’ on Ten Sideroad
AMENITIES
- Corner Lot
1 of 26
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937002 Airport Rd
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