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Renanza Realty
For sale

25 MAIN STREET W

Elizabethtown-Kitley, Ontario

MLS® X13575670

$399,900

Status
Active
Property type
Business
MLS® number
X13575670
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Established convenience store and food-service business in the Village of Lyn, Ontario, between Brockville and Mallorytown. Operating since July 2023, the business has shown consistent year-over-year sales growth and offers an excellent opportunity for an active owner-operator to continue building the operation. Chit-Chat Convenience and Pizzeria operates from approximately 2,114 sq.

ft. of efficient commercial space and offers freshly prepared pizza and hot food, subs, burgers, poutine, baked goods, ice cream, seasonal frozen treats, groceries, snacks, lottery services, propane exchange, firewood, ice, and related retail products. The layout includes a retail area, commercial kitchen and food-preparation space, cooler, storage rooms, washrooms, and service areas.

The sale includes the business name, goodwill, and an extensive selection of fixtures, furnishings, and equipment as described in the Schedule of Chattels. The seller will calculate the inventory, which is additional to the purchase price, at closing. The business will operate under a new long-term triple-net commercial lease because the seller is offering it for sale without the real property.

The premises are separately metered for utilities. The tenant will also be responsible for their proportionate share of property taxes, building insurance, and eligible common-area maintenance costs. Lottery, liquor, and other licences, approvals, and third-party operating arrangements are subject to applicable transfer, qualification, and consent requirements.

A private well and septic system service the property. Detailed financial information is available to qualified purchasers upon execution of a confidentiality agreement

Property summary

MLS® number
X13575670
Property type
Business
Leasable Area
2,114 sq ft
Land size
71.56 x 189.56 FT
Annual property taxes
$12,194.74
Days on market
88 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Lot features
Irregular lot size

What would this home cost you?

Based on the $399,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,861 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 LANTHORN REAL ESTATE LTD., BROKERAGE, KINGSTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.