1700 Simcoe ST N #N3 new

Oshawa,ON L1G 8A5

$ 229000

- Bed

- Bath

1687 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,687 sqft

Price per Sqft $135

Subdivision Samac

MLS Listing ID E12457452

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Discover a well-established grocery store FoodCo Supermarket & Halal Meat with approximately 450-500k spent on lease hold improvements , ideally located directly beneath a student residence housing over 800 students guaranteeing consistent daily traffic. The store benefits from its prime position near Durham College, Ontario Tech University, and within a rapidly growing residential community with several new developments underway.This business enjoys strong monthly sales with significant potential for further growth through targeted marketing and product expansion. The rent is $4,981.94/month (including TMI & HST) and covers all utilities and maintenance, plus six reserved parking spots. A secure lease runs until 2032 with 5 + 5-year renewal options, providing long-term operational stability. With its unbeatable location, built-in student clientele, and established community presence, this is an excellent opportunity for investors or operators seeking a profitable and future-ready grocery and halal meat business.

Location

State ON

County Durham

Community Samac

Area Durham

Interior

Cooling Yes

Others

ParcelsYN No

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