2679-2 Bur Oak AVE new Save Request In-Person Tour Request Virtual Tour
Markham,ON L6B 1K8
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $86
Subdivision Cornell
MLS Listing ID N12216431
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Rare opportunity to own a profitable, turn-key convenience store in the heart of Cornell, Markham. Situated at the busy intersection of Bur Oak Ave and 16th Ave, this 800 sq ft store benefits from high visibility and consistent foot traffic, located close to a new high school, Markham Stouffville Hospital, and surrounding residential neighborhoods. The business currently generates average monthly sales of approximately $10,000, with significant potential to grow to $20,000+ per month through extended hours, additional product offerings, or value-added services. The store is well-stocked with essential items, including basic groceries, dairy products, fresh produce, frozen foods, snacks, beverages, personal care items, household supplies, and more. It also features Lotto Max and tobacco sales, which help drive steady customer visits and revenue. Gross rent is very affordable at $2,050 per month, including HST and all utilities, keeping overhead low and profitability high.Additional benefits include a double-car garage that serves as ample storage space and convenient street parking directly in front of the store. With no direct competition in the immediate area, this turn-key business is perfect for an owner-operator or investor seeking a stable, income-generating opportunity in a growing and highly desirable neighborhood.
Location
Province ON
County York
Community Cornell
Area York
Zoning Retail
Interior
Cooling Yes
Inclusions The sale price includes, P.O.S. system, one large beverage refrigerator, pizza warmer & table, microwave, security system & cameras, ice storage fridge in the garage, & all fixtures. Monthly rent includes T.M.I. and utilities.
Exterior
Utilities Available Available
Others
Security Features No