510 King Street E Unit 6, Toronto, ON M5A 1M1

$399,900

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Property Description

Prime turnkey investment in Corktown! Rare opportunity to acquire "Ranik Market," a thriving and highly profitable convenience store commandingly positioned at the high-traffic corner of King St E & River St. Positioned at the base of a dense residential corridor surrounded by multiple high-density condo developments, this business commands massive built-in foot traffic and an exceptionally loyal local following. Featuring a clean, modern layout with high-visibility street exposure, this fully turn-key operation is staffed by an experienced, dependable team for an effortless transition. Beyond core convenience, the store boasts diverse, high-margin revenue streams including top-tier cigarette and alcohol sales, balloon and custom gift hampers, on-site key cutting and fob copying, plus hot grab-and-go patties and warm foods. There is an imminent, game-changing upside opportunity set to significantly expand alcohol volume (contact listing agent today to learn more)! Secure, favorable lease terms already in place. Buyer to verify all measurements, zoning, and lease details. Do not miss this gold-mine opportunity in a high-demand downtown location!

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Listing courtesy of CENTURY 21 ATRIA REALTY INC..