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Established Food market In Portland For Sale

Portland, Ontario, Canada
Asking Price:
$799,000 (CAD)
Sales Revenue:
On request
Cash Flow:
On request

Grocery store with 10,500 sq ft and exposure on three roads. This store is located in the popular tourist destination of Portland Village, on the shores of Big Rideau Lake, with attractions such as swimming beaches, boat launches, houseboat rentals, a conservation area, and restaurants. The store has high visibility and signage on busy Hwy. 15, which is a major traffic route. Inside is a 4,500-square-foot grocery section plus a deli, bakery, offices, loading dock, and basement storage areas. The store also has half an acre to grow your own produce. Fully equipped with all that you need to operate a one-stop shop with large prep areas and lotto sales. All equipment is included. Opportunity to improve profits by modernizing and increasing sales of local crafts, specialties, and gourmet items. Electrical panels: 1000 amps. Plenty of street parking is available. Zoning is local commercial, which allows for many uses. A gem with immense business potential, especially since the nearest grocery store competitor is a 15-minute drive away.

Property Information

Real Estate:

Real Property Included

Location:

From Ottawa, Hwy. 417. Exit Hwy 7. At Carleton Place, turn left on Hwy. 15 to Portland. Right Main St. Property fronts Hwy. 15, Main St., and Colborne St. From Kingston, east Hwy. 401. North on Hwy 15. At Portland, property fronts Hwy. 15, Main St & Colborne St.

Size in square feet:
10,560

Business Operation

Competition / Market:

nearest grocery store competitor is 15 min drive away

Trading hours:

Mon to Sat 7am - 7pm; Sundays 8am - 7pm

Years established:
Building was built in 3 stages, 1943, 1950 and final addition with full basement in 2000. Roof completed invarious stages 2000, 2014 and 2021.