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40
40 MAIN STREET N
$198,800 Sale
Listed 206 days ago
· 0
· 0.0
· 4
· 1000
Key Facts
Key facts for 40 MAIN STREET N
Property Type
Commercial
Parking
Garage: No, 4 parking
MLS #
X11940157
Size
1000 sqft
Basement
-
Listed on
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Lot size
-
Tax
-
Days on Market
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Year Built
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Maintenance Fee
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Description
Be Your own Boss-This is a unique opportunity to own a state-of-the-art, legally licensed cannabis retail store in the heart of Waterdown. Situated at the high-traffic intersection of Main and Dundas, this business benefits from excellent exposure, daily foot and vehicle traffic, and a strong reputa...tion for 5-star customer service. Established in December 2021, this turnkey operation has a stabilized income and growing sales, with financial statements available for review. The attractive lease includes 5 years remaining with one 5-year renewal terms, and renovated 1000 sq. ft. space features luxurious finishes like engineered wood floors, custom built-in cabinets with LED pot lights, and a vinyl-wrapped interior. A fully approved security system, including cameras, motion detectors, reinforced security gates, and electronic locks, ensures peace of mind. The well-designed layout includes a delivery and staff entrance, secured storage, bathroom, breakroom, and a spacious managers office. With sales exceeding the Ontario average and consistent monthly growth, this is an exceptional chance to acquire a thriving cannabis retail business in a prime location. **EXTRAS** Monthly Rent $3513 Plus Hst-Annual Sales $506,000 (2023) $525,000 (2024) Open Daily 10-am-10p.m. Purchase Price plus Inventory (id:10452)
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Listing courtesy of: RE/MAX FIND PROPERTIES
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