Welcome to The Magnolia: Your prime opportunity for a thriving market shop business in a developing area! This brand-new condo is located steps away from Belleville's historic Downtown District, with easy access to public transit. With over 95% occupancy of families and young professionals, this evolving neighborhood is perfect for your market shop venture.
The Magnolia provides the ideal foundation for your business success. Enjoy street front exposure and adjacency to a busy doctors' office, making it the strategic choice for those seeking a local market experience.
Size: 1107 sq. ft. approximately
Type: Condo Building
Term: 5 Years with 5 Year Option
Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions
Franchise Fee: $30K+HST
Monthly Rent: $3,136.50/mo +HST, including TMI, excluding Utilities
$145,000 - 210,000
*Construction & Equipment estimate varies by size & space condition
*Inventory estimate $15,000 – 35,000; varies by store size and categories
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