For Sale

62 King Street, Norfolk, Ontario N4B 1X6

$0

62 King Street, Norfolk, Ontario N4B 1X6 is For Sale and has a listing price of 159,000. The property is located in the Norfolk . It's been on the website for 52 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12349990
  • Office Name HOMELIFE/DIAMONDS REALTY INC.
Property Description

Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy downtown area, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. A spacious unfinished basement provides even more potential for expansion. Current average weekly sales are approximately $10,000 (with about 30% from cigarettes), plus lottery commissions of $3,000/month. Operating costs are low, with hydro averaging $600/month. A brand-new 5+5 year lease is in place at $3,000/month net-net rent. The business currently operates limited hours (8 AM 8 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity in a charming town, offering growth potential and a solid foundation.

Property Details
  • MLS ID: X12349990
  • Price: $159,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X12349990
  • Year Built: N/A
  • Dir / Cross St: King+Queen
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
08/18/2025 X12350819 $679,000 For Sale - -
08/18/2025 X12349990 $159,000 For Sale - -
05/06/2025 X12128483 $669,000 For Sale - -
05/06/2025 X12128447 $169,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Norfolk
  • $945,386 Average List Price
    based on 1 year
  • 79 New Listings
    based on 30 days
  • 73 Median Days on Market
    based on 1 year
  • List vs. Selling Price 260.69 % Up
  • Sold (12mo) 178
  • Rented (12mo) 13

  • 1 Month Change -29.4%
  • 3 Month Change -39.6%
  • 6 Month Change +0.2%
Walkscore
  • 78 Walk Score
    Very Walkable
  • 48 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Y
  • Heating System Y
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 18/08/2025 14:17:52
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