1
$224,900 Sale
Listed 10 hours ago
1530 Albion Road, #37A
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Key Facts
Key facts for 1530 Albion Road, #37A
Property Type
Commercial
Parking
None
MLS #
W12435385
Size
-
Basement
-
Listed on
2025-09-30
Lot size
20 x 50.0
Tax
$9.85 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,8...00 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations.
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Courtesy of: RE/MAX PREMIER INC.