123 Peter ST new

Port Hope,ON L1A 1C5

$ 169000

- Bed

- Bath

1000 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $169

Subdivision Port Hope

MLS Listing ID X12264930

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Excellent location in the multiple businesses of the commercial Plaza on the main Highway. The store has been operating successfully for over 15 years by the same owner, generating consistent annual sales of over $520,000 (excluding lottery) with a low cigarette sales ratio of only 65% with 8% profit. And, selling Beer & Wine. The store offers steady additional income of $4, 000/month from lottery commission and $600/month from the ATM, which fully covers the rent and utilities. Extra Income from Purolator, UPS & Bitcoin ATM. The low rent is highly favorable at just $2,700/month (TMI & HST included), with 3 years remaining until June 30, 2028, plus a 5-year renewal option. Easy operating and short opening hours. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct their own due diligence.

Location

Province ON

County Northumberland

Community Port Hope

Area Northumberland

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 11.0

Lot Depth 93.0

Others

Security Features No

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