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2031 LAKESHORE Road

2031 LAKESHORE Road

Burlington, Ontario

Business

$249,000

GORE VARIETY & CIGARS Convenience in Burlington is For Sale. Located at the busy intersection of Lakeshore Rd/Elizabeth St. Very Busy, High Traffic Area and Popular Neighbourhood Convenience Store. Surrounded by Fully Residential Neighbourhood, Schools, Highway and more. Excellent Business with Good Sales, Long Lease, and more. There is opportunity to grow sales even more. Weekly Sales: Approx. $14,500, Other Sales Portion: 65%, Tobacco Sales Portion: 35%, Lotto Commission: $2700/monthly, Lease Term: $3650 + HST + $2200/m (Property Tax), Lease Term: Existing 5 + 5 Years Option to Renew.

Price History

Community

Postal area L7R

Population
17,338
Private dwellings
8,675
Median age
45.2
Average household size
2.1
Median household income
$86,000

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 Burlington · last 12 months

Median sold price
$940,000
Homes sold
2,405
Median days on market
23
Sale-to-list price
97.3%

Based on 2,405 recorded sales of business properties in Burlington over the last 12 months.

Location

R

Reita | Assistant

Online

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