Gateway Market Convenience Store For Sale - 1360 Yonge St, Toronto, ON

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Gateway Market Convenience Store For Sale - 1360 Yonge St, Toronto, ON

For Lease $ 190,000
LOCATION: Toronto Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Retail Businesses for Sale | Smoke & Vape Shops for Sale
LISTING TYPE: Convenience Stores for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Variety Stores for Sale

Prime corner location! 1360 Yonge Street is an opportunity to lease prime corner retail space at the base of a boutique 133-unit condominium building. Located just south of the Yonge & St. Clair intersection, the building is adjacent to affluent neighborhoods such as Forest Hill, Moore Park, and Rosedale.

The neighbourhood is seeing a remarkable transformation with ample mixed-use developments and notable retailers.

Size: 602 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: $3,774.54/mo +HST, including TMI, excluding Utilities

$145,000 - 190,000

*Construction & Equipment estimate varies by size & space condition

*Inventory estimate $15,000 – 35,000; varies by store size and categories