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2 - 503 Hume Street Collingwood, Ontario L9Y 4H8

1 Bathroom 1950 sqft
Fully Air Conditioned Forced Air

$89,000

An exceptional opportunity to own a rare business located at a corner with heavy traffic flow at the entrance of a small town on Hwy 26. It has great potential in a newly developed commercial district across from the new Holiday Inn and next to Tim Hortons. The current owner has been operating the business for 20 years with low cigarette sales (60%) and high commission income. Weekly average sales of $8,000, monthly lottery commission of $4,500, and ATM and Bitcoin commission of $500. The lottery commission alone covers the rent and more. Setting up a vape shop inside the store can improve the business significantly, and there is enough space to sell beer in 2026. The current owner is retiring. A new lease negotiation is available. **** EXTRAS **** With a spacious area of 1,950 sq.ft and two entrances for easy access, this business offers a reasonable rent and high profit potential. If a passionate new owner extends the open hours, the business can be greatly improved. (id:21123)

Business

Business Type Retail and Wholesale
Business Sub Type Convenience store

Property Details

MLS® Number S8309510
Property Type Business
Community Name Collingwood

Building

Bathroom Total 1
Cooling Type Fully Air Conditioned
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1950 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular Unit=30 X 65 Ft
Size Total Text Unit=30 X 65 Ft

https://www.realtor.ca/real-estate/26852912/2-503-hume-street-collingwood-collingwood

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