For Sale

383 Arthur Street Unit# 5, Woolwich, Ontario N3B 2P5

$0

383 Arthur Street Unit# 5, Woolwich, Ontario N3B 2P5 is For Sale and has a listing price of 315,000. The property is located in the Woolwich neighbourhood . It's been on the website for 8 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12438274
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

This is the only Ginos Pizza location in Elmira, Ontario, situated just 15 km north of Waterloo. Opened in May 2024, the franchisee has successfully grown a loyal customer base and established the business in a high-traffic area. Now available for sale due to personal commitments, this turnkey operation features impressive sales, a dedicated clientele, and a prime location with excellent visibility. The store is 1,200 sq. ft. space, fully equipped with premium industry standard equipment and high-quality leasehold improvements. The lease is until December 2033, with a renewal option of two additional five-year terms. Low rent at $4,068 per month, including TMI. A franchise transfer fee of $25,000 applies, with the seller covering $12,500 + HST and the buyer responsible for the remaining$12,500+HST.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12438274
  • Price: $315,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 173.21
  • Ref ID: X12438274
  • Dir / Cross St: Union St/Arthur St S
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/01/2025 X12438274 $315,000 For Sale - -
04/23/2025 X12098577 $375,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Woolwich
  • $1,121,555 Average List Price
    based on 1 year
  • 66 New Listings
    based on 30 days
  • 96 Median Days on Market
    based on 1 year
  • List vs. Selling Price 87.41 % Up
  • Sold (12mo) 172
  • Rented (12mo) 10

  • 1 Month Change -25.2%
  • 3 Month Change +2.6%
  • 6 Month Change +1.8%
Walkscore
  • 36 Walk Score
    Car-Dependent
  • 53 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    88.99%
  • Commercial
    9.04%
  • Condo
    1.66%
  • Land for Sale
    0.32%
Additional Details
  • Heat Type Y
  • Garage Type Plaza
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 01/10/2025 19:44:10
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