1887 Avenue Rd Toronto, Ontario M5M 3Z9
$125,000
Great Opportunity To Get Into The Cannabis Business With Minimal To No Competition In The Immediate Area. Beautiful Store - Leaseholds Done At Considerable Expense. Turnkey Operation - Buy It And Reap The Benefits Of The Business. Good Margin On Sales With Positive Cash Flow And Net Profit. The Gross Revenue Has Grown Approx 75% Since April 2022 And Is Anticipated To Be Strong Moving Forward. Can Continue As A Marley Natural Brand Or As A Standalone Store. Second Floor Event Space For Added Income - Some Past & Future Uses Could Be Nights For Comedy, Poker, Yoga, Paint, Movie, Poetry, Etc; Family Dinners, Corporate Events, Bachelor/Bachelorette Parties, Education/Awareness Events, Meetings And Product Launches & Whatever Your Mind Can Imagine!!**** EXTRAS **** Rent Is Based On Net Plus T.M.I And Is Currently At The Third Year Rate. Lease Ends June 30, 2025 With 2 Options To Renew. Main Floor Is Store, Office & Storage, Second Floor Is Event Space & Storage, Basement Has Storage Also. (id:52603)
Property Details
| MLS® Number | C5833977 |
| Property Type | Business |
| Community Name | Bedford Park-Nortown |
| Amenities Near By | Highway, Public Transit |
Building
| Bathroom Total | 3 |
| Cooling Type | Fully Air Conditioned |
| Size Interior | 1700 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Irregular | 19.54 X 80.04 Ft |
| Size Total Text | 19.54 X 80.04 Ft |
https://www.realtor.ca/real-estate/25088745/1887-avenue-rd-toronto-bedford-park-nortown
3284 Yonge Street #100
Toronto, Ontario M4N 3M7
(416) 864-3888
(416) 864-3859
HTTP://www.kwportfolio.ca
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November 23 2022 12:22:10
Toronto Real Estate Board
Keller Williams Portfolio Realty