96 Gerrard St E

LocationChurch-Yonge Corridor, M5B 1G7
$118.3K For Sale
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Description

Rare opportunity to own an established convenience store on the Toronto Metropolitan University (TMU) campus. Street-front on Gerrard St. East at the base of a student residence with 500+ residents, giving built-in customers every day of the week. Over 47,000 students attend TMU. Approx. 850 sq ft with only about half currently used for retail, leaving plenty of room to grow sales. The lease grants exclusive convenience store use in the building and runs to Sept. 2032, plus one 5-year renewal option. Lottery (OLG) terminal and ATM on site. Turnkey business, ideal for an owner-operator or family. Steps to College and Dundas subway stations, Yonge St. and the Eaton Centre. Inventory not included in price. Owner operates short hours from 11am to Midnight. HUGE UPSIDE for the new owner to open early morning hours to get Rush Hour Income !!

Features

  • Business Type
    Category: Convenience/Variety
  • Commercial Total Area
    Total Area: 0 sqft
  • Commercial Retail Area
    Retail Area: 850 sqft
  • Commercial Parking Types
    Parking Types: Other
  • Bathrooms
    Bathrooms: 1

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 11am-12pm
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 1
  • Commercial Features
    Features: Public Transit, Subways
  • MLS
    C13861110
  • Listing contracted with: LSG REALTY INC.

Transit Accessibility

College Subway Station (0.5km)
Union Go Train Station (1.7km)

Location



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