
87 Kent Street
Port Colborne, ON
- Sale Of Business
- 88 days on market
Jasmine's Variety - No Franchise Fees and long-term lease Option. Located in the heart of Jasmine's Variety - No Franchise Fees and no long-term lease Option. Located more than 21 years. Annual store sales are approximately $300,000 (excluding Lotto), with seasonal flower sales exceeding $20,000 annually and strong profit margins. Lotto commission is approximately $32,000 per year, which effectively covers the current occupancy cost of approximately $3,200 per month including TMI and HST. Additional income is generated through Bitcoin and ATM commissions, helping offset other operating expenses. The property features over 2,000 sq. ft. of retail space and 8 parking spaces. Excellent growth potential by adding Vape products, U-Haul, courier services, MoneyGram, and other complementary services. Ideal opportunity for an owner-operator, family business, or investor seeking a profitable operation with multiple income streams. Don't miss this exceptional opportunity.
Listing Details
- Taxes (2025)
- $5,850
- Listed
- June 12, 2026
Price History
Listing history
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Property
- Lot Size
- 47.5 x 66.72 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- King/Main
- Zoning
- Commercial
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Convenience/Variety
Community
Postal area L3K
- Population
- 19,458
- Private dwellings
- 9,086
- Median age
- 50.8
- Average household size
- 2.2
- Median household income
- $70,000
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
Commercial in Port Colborne · last 12 months
- Median sold price
- $490,000
- Homes sold
- 253
- Median days on market
- 40
- Sale-to-list price
- 95.2%
Based on 253 recorded sales of commercial properties in Port Colborne over the last 12 months.
Listed by
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Annual property tax
- $5,850
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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