Business For Sale · Retail

259 LAKESHORE ROAD E, Mississauga (Port Credit)

259 LAKESHORE ROAD E, Mississauga (Port Credit), ON L5G1G8

$1 total

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Asset Class

Retail

Size

—

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

Lot Size

0.063 ac

About this property

Welcome to your new business spot turnkey business opportunity in the heart of Port Credit! This fully operational and recently renovated 1,020 sq. ft. bubble tea and quick-service shop offers stylish décor, a functional kitchen, dedicated preparation space, seating and valuable additional basement office and storage. The adaptable layout provides an excellent opportunity to continue the existing concept or expand the menu with coffee, pastries, desserts, snacks and other ready-to-eat offerings. Prominent Lakeshore Road frontage directly across from Mentor College delivers excellent exposure, walk-in traffic and strong delivery potential. Surrounded by established high density residential neighbourhoods, schools and local businesses, this is a prime opportunity for an entrepreneur seeking a ready-to-operate business in one of Mississauga's most vibrant and desirable communities. Property allows for a multitude of additional uses such as Cigar shop, internet cafe, VR gaming, robotics center, tutor center, etc. to fit your business needs and LLBO license is available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1
Down payment30% · $0
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

108,741

Households

37,752

Median income

$106,500

Median age

45.9

Daytime population

95,249

5-yr growth

2.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 259 LAKESHORE ROAD E, Mississauga (Port Credit).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.