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87 Kent Street

87 Kent Street

Port Colborne, ON

  • Sale Of Business
  • 88 days on market
$110,000

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

85

Walk

71

Bike

Scores by Walk Score®

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.

R

Reita | Assistant

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Reita said:

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