2672 Shelbourne Street, Hillside Victoria
Price
$125,000
BedroomsNot listed
BathroomsNot listed
SizeNot listed
Year BuiltNot listed
Property TypeCommercial
Property TaxesNot listed
Description
FOR SALE: A custom shoe-making business located on Shelbourne Street in Victoria! This is a rare opportunity for a buyer to acquire a highly profitable and turn-key operation. The current owner, who has been running this business for over a decade, is ready to retire and pass the torch to a dedicated new owner-operator. The existing rent is very favorable, and the business has a loyal clientele that provides a steady stream of revenue. Additionally, the owner is willing to stay on and assist in the shop for up to two years if needed. Why wait? This turn-key business allows you to start generating income immediately! Please do not approach the owner or staff directly. This is an asset sale, and the sale price includes inventory. To receive an information package, please contact the listing agent. (id:39198)
Listed By
The listing brokerage and/or agent is Newport Realty Ltd.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$450 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$100,000
Total Interest Payments
$61,657
Total Payment (Principal + Interest)
$161,657
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
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Cowichan Valley
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