997 CANNON Street
Hamilton, Ontario
Business
Corner's Variety in Hamilton, ON is For Sale. Located in a high-traffic intersection of Gage Ave N/Cannon St E High Traffic Area residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Good business with good sales, long lease, and huge growth potential. Weekly Sales: Approx. $10,000 - $12,000, Grocery Sales Portion: 60%, Beer Sales Portion: 25%, Tobacco Sales Portion: 15%, Lotto Commission: $2300/m, Rent: $5400/m Including TMI & HST, Lease Term: Existing 4 + 5 + 5 Years Option to Renew. This business has potential to add Vape Store.
Price History
Community
Postal area L8L
- Population
- 32,312
- Private dwellings
- 14,444
- Median age
- 36.4
- Average household size
- 2.4
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Business in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 4,993
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,993 recorded sales of business properties in Hamilton over the last 12 months.
Location
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