For Sale - 118 Wellington Street, Merrickville-Wolford, Ontario

Est payment $5,428/mo
Views   1
Time on Jump  25 day
  • Turnkey business opportunity with six-figure income potential and part-time hours.
  • Renovated building includes commercial space and a two-bedroom apartment.
  • 92% increase in net income over the past five years with growth options.
  • Located in a high foot traffic area of a top tourist destination.
  • Flexible zoning allows for various expansion and operational opportunities.



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, and deck. 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.
Listing IDX12692006
Address118 Wellington Street
CityMerrickville-Wolford, Ontario
Price$1,095,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Closed
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118 Wellington Street
Merrickville-Wolford , Ontario
$1,095,000
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