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Last Updated : 492 Days ago
580 Fennell Ave, Hamilton, Ontario, Burkholme

580 Fennell Ave, Hamilton MLS Number: X8352176

Burkholme, Hamilton, ON, L8V 1T1

$399,000

Status: OFF MARKET

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $0.00 (Tax Year:2024)
  • Listing Courtesy : Bizpro Realty Inc.

580 Fennell Ave Property Description

High sales volume corner convenience store business on a free standing property, having lots of exclusive parking. Large 3100 sq ft leased area. Located on a high traffic street. Same owner operating the business for last 14 years, now moving. Business hours 24 hours. Avg Wkly Revenue Approx. $23,000 to $25,000(Cig Portion only 40-45%)Lotto Commission Approx $60-70K/Yr, ATM+Bitcoin Comn Approx $800-$900/Mth. Current Rent $9500/Mth+hst Till Nov2025. Buyer can get additional 5+5+5 Lease Terms. Utilities Exp Approx $1300/Mth. Great potential to increase revenue and income by adding vape, u-haul, flowers & plants(ample space available). Ideal store premise, if liquor license comes in 2026!

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580 Fennell Ave Property Facts

Property Type :Commercial
MLS Number :X8352176
Listing Type :Sale
Possession Date :
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Last Updated :15 Aug, 2024 (492 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8V 1T1
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580 Fennell Ave Property Price & Tax Insights

Price : $399,000
Property Taxes :$0.00
Tax Year :2024

580 Fennell Ave, Hamilton Property Details

Cross Street :Fennell & Upper Wentworth
Fireplace/Stove :No

580 Fennell Ave, Hamilton - Price History

2024-05

18 May, 2024

TREB #X8352176

Available

$399000.0

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580 Fennell Ave - Location Map and Landmarks

  • Juravinski  and Cancer Centre, Hamilton 1.23 km
  • St. Peter's, Hamilton 2.05 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 2.26 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 2.52 km
  • McMaster University Medical Centre, Hamilton 3.14 km
  • Hamilton General, Hamilton 3.36 km
  • McMaster Children's, Hamilton 5.88 km
  • Joseph Brant, Halton 10.42 km
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