5
383 Elgin Street N
$118,990 Sale
Listed 14 hours ago
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· 1
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Listing History
Buy/Sell/Terminated/Expired listing history for 383 Elgin Street N
Key Facts
Key facts for 383 Elgin Street N
Property Type
Commercial
Parking
None
MLS #
X12382881
Size
-
Basement
-
Listed on
2025-09-04
Lot size
360 x 232.0
Tax
-
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
Turnkey Caribbean Supermarket High-Demand Retail Plaza Business-only sale. Asset transaction (no shares). Established Caribbean grocery store located in a busy retail plaza with strong visibility and consistent foot traffic. Serves a loyal customer base of local residents, nearby businesses, and re...peat clientele from surrounding towns. Plaza mix supports daily operations and drives cross-traffic. Approx. 1,830 sq/ft of leased space with an all-inclusive lease of $3,275/month inclusive of HST. Low overhead and lean staffing models support stable cash flow. Product mix includes culturally specific grocery items, fresh meats, fish, poultry, and specialty goods. Opportunity to expand inventory to include Caribbean, West Indian, and Indian offerings. Scalable upside through alcohol licensing (subject to approval), meat and fish processing, bakery integration (existing brand relationship), potential courier drop-off services, and U-Haul rentals. Space supports future upgrades including commercial kitchen installation(pending zoning approval & construction buyer to verify). Additional features include a large storage room (suitable for walk-in cooler or oven), washroom with shower, and ample plaza parking. Sale includes all intellectual property, goodwill, fixtures, equipment, and supplier/vendor accounts. Seller will transfer all digital assets including social media profiles, Uber Eats, and SkipTheDishes accounts. Owner willing to assist with training and transition. Financials available upon request. Buyer to verify zoning, licensing, and operational requirements. Do not attend the site without an appointment. All showings by appointment only. Here is a perfect opportunity in a location with much demand and rare offering to propel your business venture.
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Courtesy of: EXP REALTY