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Last Updated : 561 Days ago
503 Hume St, Collingwood, Ontario, Collingwood

2 - 503 Hume St, Collingwood MLS Number: S8309510

Collingwood, Simcoe, ON, L9Y 4H8

$89,000

Status: OFF MARKET

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

Unit-2 503 Hume St Property Description

An exceptional opportunity to own a rare business located at a corner with heavy traffic flow at the entrance of a small town on Hwy 26. It has great potential in a newly developed commercial district across from the new Holiday Inn and next to Tim Hortons. The current owner has been operating the business for 20 years with low cigarette sales (60%) and high commission income. Weekly average sales of $8,000, monthly lottery commission of $4,500, and ATM and Bitcoin commission of $500. The lottery commission alone covers the rent and more. Setting up a vape shop inside the store can improve the business significantly, and there is enough space to sell beer in 2026. The current owner is retiring. A new lease negotiation is available.

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Unit-2 503 Hume St Property Facts

Property Type :Commercial
MLS Number :S8309510
Listing Type :Sale
Possession Date :
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Last Updated :23 May, 2024 (561 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L9Y 4H8
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Unit-2 503 Hume St Property Price & Tax Insights

Price : $89,000
Property Taxes :$0.00
Tax Year :2024

Unit-2 503 Hume St, Collingwood Property Details

Cross Street :Hwy 26/Hume St
Fireplace/Stove :No

503 Hume St, Collingwood - Price History

2024-05

06 May, 2024

TREB #S8309510

Available

$89000.0

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503 Hume St - Location Map and Landmarks

  • Collingwood General and Marine, Simcoe 0.58 km
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