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118 WELLINGTON STREET W

Retail For Sale in Merrickville Wolford, Ontario

$1,095,000
Are you looking for a turnkey business opportunity with six-figure potential while working part-time?This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise.The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and HVAC. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws.Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking.Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. (id:4069)
Address
118 WELLINGTON STREET W
List Price
$1,095,000
Property Type
Retail
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
Ontario
Sub-Area
Merrickville Wolford
Floor Area
1,560 Sq. Ft.
Lot Size
Bldg=49 x 103 FT Sq. Ft.
MLS® Number
X12691946
Listing Brokerage
RIGHT AT HOME REALTY
Postal Code
K0G1N0
Zoning
Commercial / Residential

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Colizza Group Real Estate

Right at Home Realty

Office: 613-800-9902

Toll Free: 1-844-265-4992

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14 CHAMBERLAIN AVE SUITE 101 Ottawa Ontario K1S1V9