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Eagle Lake Narrows Country Store 2370 Eagle Lake Rd

3,000 SF Retail Building South River, ON P0A 1X0 $3,000,000 CAD ($1,000 CAD/SF)

Retail Space Ontario South River 2370 Eagle Lake Rd, South River, ON P0A 1X0

Investment Highlights

  • Commercial/residential zoning

Executive Summary

fred.disomma@gmail..com
Asking Price:$3,000,000
Gross Revenue:$800,000
Real Estate:$2,000,000
Cash Flow:$200,000
Inventory:$145,000
BUSINESS DESCRIPTION
Charming Store in the Heart of the Community
Do you love beachside living? Do you want to be an integral part of a thriving community? Do you want to put your stamp on a successful, established business and take it to even higher heights?
Two and a half hours from Toronto the iconic, profitable General Store is for sale.
This multifaceted General Store with an unbranded fuel station, Ontario Lottery and gaming license, summer and winter recreational rentals, approximately 60 years of history and features a renovated building, house with new finished basement, renovated garage, 120' of new docks, equipment, septic and well.
This long standing profitable business had 2020 fiscal year end revenues of $475,000, and $580,000 in 2021, $700,000 in 2022 and approximately $800,000 for 2023.
Situated on a wonderful piece of commercial real estate, it is the heart of the community. It also offers the best of rural, beachside, community living, with a new one bedroom apartment in the home as an owner/operator residence or rental opportunity.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1958/2020
Price
$3,000,000 CAD
Price Per SF
$1,000 CAD
Business Value
$1,000,000 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.70 AC
Zoning
CR - Commercial Residential

Amenities

  • Waterfront

About 2370 Eagle Lake Rd , South River, ON P0A 1X0

Property fronting the North side of Eagle Lake Road in the township of Machar, District of Parry Sound and having a frontage of 510 feet more or less with an irregular depth and described as all parts 3 and 4 as shown on Plan PSR 256, located in Lot B, Concession 5 and on Lot 6 Plan M66; consisting of lands, house, store and garage.

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(705) 358-6459

Contact

  • Fred DiSomma
    Fred DiSomma
  • Eagle Lake Narrows Country Store

  • Listing ID: 27287483

  • Date on Market: 2022-12-10

  • Last Updated:

  • Address: 2370 Eagle Lake Rd, South River, ON P0A 1X0

The Retail Property at 2370 Eagle Lake Rd, South River, ON P0A 1X0 is currently available for sale. Contact Eagle Lake Narrows Country Store for more information.

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2370 Eagle Lake Rd, South River, ON for sale Primary Photo- Image 1 of 2
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Eagle Lake Narrows Country Store | 2370 Eagle Lake Rd
(705) 358-6459 x

Eagle Lake Narrows Country Store | 2370 Eagle Lake Rd

Fred DiSomma

(705) 358-6459

(705) 358-6459

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