LOADING

118 Wellington Street W Merrickville-Wolford, Ontario K0G 1N0

1,560 ft2
Fully Air Conditioned Forced Air

$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:28469)

Property Details

MLS® Number X12692006
Property Type Business
Community Name 804 - Merrickville
Parking Space Total 4

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 1560 Sqft
Size Interior 1,560 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 100 Ft
Size Frontage 50 Ft
Size Irregular Bldg=50 X 100 Ft
Size Total Text Bldg=50 X 100 Ft
Zoning Description Commercial / Residential