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Portland Foodmarket In Portland Village, Big Rideau Lake For Sale

Portland, Ontario, Canada
Asking Price:
$799,000 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available 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 shores of Big Rideau Lake with attractions such as swimming beaches, boat launches, houseboat rentals,Conservation Area and restaurants. The store has high visibility and signage on busy Hwy 15 that is major traffic route. Inside is 4,500sf grocery section plus deli, bakery, offices, loading dock and basement storage areas. 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 included. Opportunity to improve profits with modernizing and increasing sales of local crafts, specialties and gourmet items. Electrical panels 1000 amps. Plenty of street parking available. Zoning is Local Commercial which allows for many uses. A gem with immense business potential, especially since nearest grocery store competitor is 15 min drive away.

Property Information

Real Estate:

Real Property Included

Location:

From Ottawa, Hwy 417. Exit Hwy 7. At Carleton Place 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.