905-332-2207
1
$229,000 Sale
Listed 15 hours ago
1700 Simcoe Street, #N3
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Key Facts
Key facts for 1700 Simcoe Street, #N3
Property Type
Commercial
Parking
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MLS #
40778367
Size
-
Basement
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Listed on
2025-10-10
Lot size
-
Tax
-
Days on Market
1
Year Built
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Maintenance Fee
-
Description
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 n...ear 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., Directions:Simcoe Rd N / Taunton Rd E, Exclusions:
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Listing courtesy of: SAVE MAX REAL ESTATE INC