Property Details

6117 King Street, Mindemoya, Ontario, P0P1S0

6117 King Street, Mindemoya, Ontario, P0P1S0 (ID 2098447)
Representative
Rick Campeau portrait
Rick Campeau
Sales Representative
RE/MAX Crown Realty (1989) Inc. Brokerage - Hanmer
Cell: 705-562-7742
Tel: 705-969-1100

$1,390,000 - For sale

ID#:2098447

Great commercial opportunity in Central Manitoulin Island in the town of Mindemoya. Located at the junction of Hwy 551 and Hwy 542 sits Wilson General Store where it has been for over 45 years. The current owners have revamped the business and significantly improved the offering to the community and area. The entire building has been well utilized. The upper floor has renovated two 2 bedroom apartments and one 1 bedroom providing year round income. The main floor of the building houses a coin operated laundromat, ice cream parlour, sub sandwich shop and general store. The gas station and propane filling station provide additional income. There is a recent environmental report giving the business a clean bill of health. Gas lines has been replaced in the last seven years. Revenue has doubled since the new owners have taken over. Financial reports are available for the last three years and are made available upon completing a confidentiality agreement. The owners are willing to carry a partial VTB. PLEASE NOTE THAT THIS IS A SHARE SALE. SELLER WILL CONSIDER AN ASSET SALE INSTEAD OF A SHARE SALE. (id:2471)

Property Details
  • Property Address:6117 King Street, Mindemoya, Ontario, P0P1S0
  • Property Type:Retail
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Highway access
  • Driveway:Parking Space(s), Visitor Parking
Structure Details for 6117 King Street, Mindemoya, Ontario, P0P1S0
  • Structure Style:Commercial Mix
  • Heating Type:Baseboard heaters
  • Flooring:Hardwood, Laminate, Tile
  • Foundation Type:Concrete Slab
  • Rental Equipment:Water Heater - Electric
  • Exterior Type:Vinyl
Representative
Rick Campeau portrait
Rick Campeau
Sales Representative
RE/MAX Crown Realty (1989) Inc. Brokerage - Hanmer
Cell: 705-562-7742
Tel: 705-969-1100
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Listing Office: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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6117 King Street, Mindemoya, Ontario, P0P1S0

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