For Sale

30 Rymal Road Unit# H, Hamilton, Ontario L9B1T7

$249,999

30 Rymal Road Unit# H, Hamilton, Ontario L9B1T7 is For Sale and has a listing price of 249,999. The property is located in the neighbourhood. It's been on the website for 8 Days.

  • Business
    Property Type
  • MLS ID: XH4200352
  • Office Name RE/MAX Real Estate Centre Inc.
Property Description

Don’t miss out on this well-established convenience store and vape shop located in a high-traffic area on Rymal Rd. E. near Upper James St. Situated in a bustling plaza next to McDonald’s, this profitable business boasts strong sales in confectioneries, drinks, and high-volume lotto sales, with an average monthly commission of $3,500. It generates $18,000 monthly from the vape store and $19,000 monthly from the convenience store. Additionally, the ATM and Bitcoin contribute $500 monthly. Looking ahead, the potential for growth is substantial, particularly with extended business hours and the anticipated liquor license starting in September 2024, which will introduce a lucrative new revenue stream. The remaining lease is valid until November 30, 2025, with two 5-year renewal options. Monthly rent plus TMI is $5,900 plus HST. This business offers lots of potential for further growth and profitability. Please do not go direct. Take advantage of this incredible business opportunity today! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: XH4200352
  • Price: $249,999
  • Transaction Types: For Sale
  • Ref ID: 27428463
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/16/2024 X9041873 $249,999 For Sale - -
07/16/2024 XH4200352 $249,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton
  • $992,007 Average List Price
    based on 1 year
  • 694 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 96.46 % Up
  • Sold (12mo) 1,480
  • Rented (12mo) 546

  • 1 Month Change -3.2%
  • 3 Month Change +7.1%
  • 6 Month Change +6.7%
Walkscore
  • 81 Walk Score
    Very Walkable
  • 52 Transit Score
    Good Transit
  • 53 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    73.92%
  • All Houses/Commercial
    0.01%
  • Commercial
    7.2%
  • Condo
    18.24%
  • Land for Sale
    0.64%
Additional Details
  • Sewers Sanitary Sewer
  • Basement2 None
  • Heating System Forced Air
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 16/07/2024 00:00:00
  • Agent Name: Agna Patel
  • Last Updated: 23/09/2024 19:41:00
Open House Dates
  • 1. 29/09/2024 (Start time: 2:00 PM - End time: 4:00 PM)
Want to see this property?