3 8 Queensway E, Norfolk

Type: Commercial
Added: 1 month ago
Updated: 1 month ago
Last Checked: 1 week ago
Listed by: GATE GOLD REALTY
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Listing description
This Commercial listing at 3 8 Queensway E Norfolk, ON with the MLS Number x12277011 listed by PRASHANT BAROT - GATE GOLD REALTY on the Norfolk market 1 month ago at $184,999.

Excellent convenience store opportunity in Simcoe, Ontario. Located in the high-traffic Governor Simcoe Plaza and surrounded by residential neighborhoods and schools, this established store benefits from consistent walk-in traffic and loyal clientele. The business generates over $252,000 (approx.) in annual sales plus $47,700 (approx.) per year in additional commission income from Lotto, RIA, ATM, Uhaul, Bitcoin, and more. Monthly net profit is $7,000 (approx.) after all expenses, including rent and utilities. Rent is $2,759/month, inclusive of TMI, water, and gas. The lease is long-term 4.5+5 years with renewal options in place. Annual expenses are under $41,000 (approx.), providing healthy margins. Business is in operation since the last 14-15 years with the existing owner from the last 2-3 years. Potential to expand with Uber Eats, courier services or other add-ons. Inventory and office setup are not included in the sale price. Please do not go direct and do not speak to employees. (id:1945)

Property Details Key information about 3 8 Queensway E

Cooling: Fully air conditioned

Exterior & Lot Features Learn about the exterior and lot specifics of 3 8 Queensway E

Water Source: Municipal water

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Nearby Listings Stat Estimated price and comparable properties near 3 8 Queensway E

Active listings

Min Price

$169,000

Max Price

$1,459,000

Avg Price

$626,142

Days on Market

57 days

Sold listings

Min Sold Price

$39,999

Max Sold Price

$989,000

Avg Sold Price

$633,038

Days until Sold

59 days

Nearby Places Nearby schools and amenities around 3 8 Queensway E

Simcoe Composite School (0.6 km)
40 Wilson Ave, Simcoe

Tim Hortons (0.1 km)
15 Queensway Dr E, Simcoe

Tim Hortons (1.2 km)
30 Water St, Simcoe

Boston Pizza (0.1 km)
9 Queensway W, Simcoe

Barrel Pizza & Spaghetti House Restaurant (0.5 km)
131 Queensway W, Norfolk

McDonald's (0.5 km)
77 Queensway E, Simcoe

Swiss Chalet Rotisserie & Grill (0.7 km)
101 Queensway E, Simcoe

Joey's Seafood Restaurants Simcoe (0.9 km)
109 Queensway Street East, Simcoe

Serafina Good Food (1 km)
14 Norfolk St S, Simcoe

Pizza Hut (0.2 km)
47 Queensway E, Simcoe

Best Western Little River Inn (0.7 km)
203 Queensway W, Simcoe

Norfolk Arts Centre (0.9 km)
21 Lynnwood Ave, Simcoe

Real Canadian Superstore (1 km)
125 Queensway E, Simcoe

Food Basics (1.3 km)
150 West St, Simcoe

Simcoe Natural Foods (1 km)
10 Norfolk St S, Simcoe

Talbot Gardens Arena (1 km)
10 Talbot St N, Simcoe

Blue Elephant (1.2 km)
96 Norfolk St S, Simcoe

Norfolk General Hospital (1.4 km)
365 West St, Simcoe

Norfolk County Fairgrounds (1.8 km)
172 South Dr, Simcoe

Price History

Listed

July 10, 2025

by GATE GOLD REALTY

Commercial For Sale

$184,999

3 8 Queensway E, Norfolk

Listing description This Commercial listing at 3 8 Queensway E Norfolk, ON with the MLS Number x12277011 listed by PRASHANT BAROT - GATE GOLD REALTY on the Norfolk market 1 month ago at $184,999.

Nearby Listings Stat Estimated price and comparable properties near 3 8 Queensway E

Nearby Places Nearby schools and amenities around 3 8 Queensway E

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 3 8 Queensway E Norfolk, ON with the MLS Number x12277011 listed by PRASHANT BAROT - GATE GOLD REALTY on the Norfolk market 1 month ago at $184,999.