For Sale

383 Elgin Street Unit# 8, Cambridge, Ontario N1R 8C1

$0

383 Elgin Street Unit# 8, Cambridge, Ontario N1R 8C1 is For Sale and has a listing price of 118,990. The property is located in the Cambridge . It's been on the website for 13 Days.

  • Sale Of Business
    Property Type
  • 1
    Bathrooms
  • MLS ID: X12382881
  • Office Name EXP REALTY
Property Description

Turnkey Caribbean Supermarket In A High-Demand Retail Plaza. Business-only sale with Assets (no shares). Established Caribbean grocery store located in a busy retail plaza with strong visibility and consistent foot/vehicle traffic. Serves a loyal customer base of local residents, nearby businesses, and repeat clientele from surrounding towns/cities. Plaza mix supports daily operations and drives cross-traffic. Approx. 1,830 sq/ft of leased space with an attractive, all-inclusive lease of $3,275/month inclusive of HST. Low overhead and lean staffing models support stable cash flow. Product mix includes culturally specific grocery items, fresh meats, fish, and specialty goods. Opportunity to expand inventory to include Caribbean, West Indian, and Indian offerings. Scalable upside through alcohol licensing (subject to approval), meat and fish processing, bakery integration (existing brand relationship), potential courier drop-off services, and U-Haul rentals. Space supports future upgrades including commercial kitchen installation(pending zoning approval & construction – buyer to verify). Additional features include a large storage room (suitable for walk-in cooler or oven), washroom with shower, and ample plaza parking. Sale includes all intellectual property, goodwill, fixtures, equipment, and supplier/vendor accounts. Seller will transfer all digital assets including social media profiles, Uber Eats, and SkipTheDishes accounts. Owner willing to assist with training and transition & introduction to vendors/suppliers. Financials available upon request. Buyer to verify zoning, licensing, and operational requirements. Do not attend the site without an appointment. All showings by appointment only. Here is a perfect opportunity in a location with much demand and rare offering to propel your business venture.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12382881
  • Price: $118,990
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 232
  • Ref ID: X12382881
  • Dir / Cross St: Elgin - Cross Street Avenue Road
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/05/2025 X12382881 $118,990 For Sale - -
07/15/2024 X9041502 $199,990 -
07/14/2024 40620063 $199,990 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cambridge
  • $880,926 Average List Price
    based on 1 year
  • 447 New Listings
    based on 30 days
  • 66 Median Days on Market
    based on 1 year
  • List vs. Selling Price 109.78 % Up
  • Sold (12mo) 960
  • Rented (12mo) 303

  • 1 Month Change -30.6%
  • 3 Month Change -19.3%
  • 6 Month Change -8.1%
Walkscore
Property Type Distribution
  • All Houses
    78.88%
  • Commercial
    7.15%
  • Condo
    13.81%
  • Land for Sale
    0.16%
Additional Details
  • Heat Type Y
  • Washroom Type1: 1
  • 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: 05/09/2025 03:37:10
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