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997 CANNON STREET, Hamilton, Ontario, L8L 2H4

MLS® # X12755416
Commercial For Sale In Crown Point West, Hamilton, Ontario
$299,000

None Beds

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997 CANNON STREET, Hamilton, Ontario, L8L 2H4
$299,000

Property Information:

Corner's Variety in Hamilton, ON is For Sale. Located in a high-traffic intersection of Gage Ave N/Cannon St E High Traffic Area residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Good business with good sales, long lease, and huge growth potential. Weekly Sales: Approx. $10,000 - $12,000, Grocery Sales Portion: 60%, Beer Sales Portion: 25%, Tobacco Sales Portion: 15%, Lotto Commission: $2300/m, Rent: $5400/m Including TMI & HST, Lease Term: Existing 4 + 5 + 5 Years Option to Renew. This business has potential to add Vape Store. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 2054 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Floor Space (approx): 2054 Square Feet
  • Zoning: C2

Courtesy of: HOMELIFE/MIRACLE REALTY LTD

REALTOR.ca  

Location of 997 CANNON STREET, Hamilton, Ontario, L8L 2H4

Demographic Information of 997 CANNON STREET, Hamilton, Ontario, L8L 2H4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,647.31

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.06 %

High school certificate or equivalent

32.9 %

Apprenticeship trade certificate/diploma

6.38 %

College/non-university certificate

19.62 %

University certificate (below bachelor)

0.62 %

University Degree

17.42 %

Commuter

Travel To Work

By Car

69.37 %

By Public Transit

19.85 %

By Walking

6.7 %

By Bicycle

1.02 %

By Other Methods

3.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.02 %

Houses

69.98 %

Own Vs. Rent