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$650,000
Available - For Sale
Listing ID: X12205418
288 Ontario Stre , Sarnia, N7T 1L7, Lambton


The current owner is selling the business and property, which have been operated with care and dedication for the past 23 years. Ideally located on Ontario Street a high-traffic area with strong community activity this commercial property sits across from a park and alongside a baseball field, offering excellent exposure and foot traffic. With a spacious 2,100 sq. ft. retail area, the property has tremendous potential for a new owner to expand into various new business categories. Recommended additions include a vape shop, scoop ice cream, and beer & wine sales, all of which could significantly increase revenue. Although the current owner holds a liquor license, liquor is not currently being sold due to the owner's health reasons. The sale is part of the owners retirement plan. The store features an 11-door walk-in cooler and currently sells cigarettes, beverages, confectionery, and lottery products. These versatile uses of commercial property are suitable for a wide range of business types, and the seller is open to discussing opportunities with buyers considering various concepts. The property also features a spacious 3-bedroom apartment, making it an incredibly attractive opportunity that offers both a place to live and run a business at a very appealing price. Don't miss this great opportunity! It is a highly visible commercial property with great potential, offering a wide range of permitted uses. Lot size: 9,633.69 ft (0.221 ac), 2100 ft of Retail Store and 1410 ft of 3-bedroom APT attached.
Price $650,000
Taxes: $7000.00
Tax Type: Annual
Occupancy: Owner
Address: 288 Ontario Stre , Sarnia, N7T 1L7, Lambton
Postal Code: N7T 1L7
Province/State: Lambton
Legal Description: PT LT 17 RANGE 5 PL 16 1/2 SARNIA CITY P
Directions/Cross Streets: Ontario St/ Russell St. S
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: With Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 9634.00
Total Area Code:  Square Feet
Office/Appartment Area: 1410
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8AM-10P
Employees #: 0
Seats: 0
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KW Living Realty
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At a Glance:
Type: Com - Sale Of Business
Area: Lambton
Municipality: Sarnia
Neighbourhood: Sarnia
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $7,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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